Medina Valley Band Sponsors
Analysis
Medina Valley Band Sponsors is a registered charity in United States, based in Castroville, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2024, Medina Valley Band Sponsors reported income of $114k and spending of $94k, spending 82% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $100k to $114k (+14%), an average of +14% a year. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Medina Valley Band Sponsors sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Literacy Council of Carroll County Inc ($114k), Princeton Club of Chicago ($114k) and River Falls Wildcat Band Boosters Inc ($114k).
On its Form 990-EZ for the period ending July 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Literacy Council of Carroll County Inc | Westminster | $114k |
| Princeton Club of Chicago | Chicago | $114k |
| River Falls Wildcat Band Boosters Inc | River Falls | $114k |
| Homeschooler Education Network Inc | Kansas City | $114k |