Fredericksburg Band Boosters Inc

Analysis

Fredericksburg Band Boosters Inc is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in June 2011, 15 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, Fredericksburg Band Boosters Inc reported income of $193k and spending of $202k, spending 105% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $69k to $193k (+182%), an average of +182% a year. The sharpest change came in the year to May 2023, when income rose by 182%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fredericksburg Band Boosters Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Oregon STEM ($193k), John Hay Elementary Ptsa ($193k) and Seneca Past and Present Inc ($193k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 3.9% and program service revenue 55% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.