Smithson Valley High School Band Boosters

Analysis

Smithson Valley High School Band Boosters is a registered charity in United States, based in Spring Branch, TX. It received its IRS tax-exemption ruling in June 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Smithson Valley High School Band Boosters reported income of $106k and spending of $89k, spending 84% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $59k to $106k (+81%), an average of +81% a year. The sharpest change came in the year to May 2024, when income rose by 81%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Smithson Valley High School Band Boosters 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 39th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Santa Rosa Sunrise Rotary Foundation ($106k), Kulpmont 100 Inc ($106k) and Trout Lake Community Foundation ($106k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 30% of the total. At year end it held assets of $96k against liabilities of $9,528, net assets of $87k.