Dripping Springs Band Boosters Inc

Analysis

Dripping Springs Band Boosters Inc is a registered charity in United States, based in Dripping SPGS, TX. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Dripping Springs Band Boosters Inc reported income of $281k and spending of $243k, spending 86% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $103k to $281k (+173%), an average of +29% a year. The sharpest change came in the year to May 2022, when income rose by 401%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dripping Springs Band Boosters Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Blue Deer Center ($281k), North Texas Colorguard Association ($281k) and Friends of Turneffe Atoll Inc ($281k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.