Seguin High School Band Boosters Inc

Analysis

Seguin High School Band Boosters Inc is a registered charity in United States, based in Seguin, TX. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Seguin High School Band Boosters Inc reported income of $120k and spending of $114k, spending 95% of its income. Across the 3 years on record, from May 2019 to May 2023, income fell from $301k to $120k (-60%), an average of -37% a year. The sharpest change came in the year to May 2022, when income dropped by 71%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seguin High School Band Boosters Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Grayson County High School Band Boosters Inc ($120k), Rise Institute for Literacy Inc ($120k) and Imagination Library of Louisville Inc ($120k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.