Band Boosters of Rio Rancho High School

Analysis

Band Boosters of Rio Rancho High School is a registered charity in United States, based in Rio Rancho, NM. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Band Boosters of Rio Rancho High School reported income of $61k and spending of $32k, leaving 47% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $10k to $61k (+484%), an average of +56% a year. The sharpest change came in the year to May 2022, when income rose by 383%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Band Boosters of Rio Rancho High School sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within NM. Charities of a similar size with the same main cause include KLD Foundation ($61k), Rotary Club of Fallbrook Foundation ($61k) and Children Helping Children Inc ($60k).

At year end it held assets of $41k against liabilities of $0, net assets of $41k.