Macarthur Band & Flag Parents Association

Analysis

Macarthur Band & Flag Parents Association is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 1996, 30 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 May 2023, Macarthur Band & Flag Parents Association reported income of $64k and spending of $65k, spending 101% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $34k to $64k (+87%), an average of +88% a year. The sharpest change came in the year to May 2023, when income rose by 87%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Macarthur Band & Flag Parents Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Andover Football Boosters Association Inc ($64k), Friends and Foundation of the Northfield Public Library ($64k) and Parent Booster USA Inc ($64k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 8.0% and program service revenue 24% of the total. At year end it held assets of $18k against liabilities of $233, net assets of $18k.