Hondo Band Boosters Inc

Analysis

Hondo Band Boosters Inc is a registered charity in United States, based in Hondo, TX. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Hondo Band Boosters Inc reported income of $105k and spending of $94k, spending 89% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $148k to $105k (-29%), an average of -29% a year. The sharpest change came in the year to July 2024, when income dropped by 29%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hondo Band Boosters Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Stetson Business School Foundation Incorporated ($105k), Washington Homeschool Organization ($105k) and Ames Education Foundation ($105k).

On its Form 990-EZ for the period ending July 2024, revenue came from program service revenue 56% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.