Wylie Band Booster Club

Analysis

Wylie Band Booster Club is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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 June 2023, Wylie Band Booster Club reported income of $886k and spending of $828k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $411k to $886k (+115%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 132%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wylie Band Booster Club sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Passages ($886k), Crossroads Crisis Center Inc ($886k) and Columbus Area HFH ($886k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 84% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.