Legacy High School Band Boosters

Analysis

Legacy High School Band Boosters is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in August 2012, 14 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 May 2023, Legacy High School Band Boosters reported income of $261k and spending of $151k, leaving 42% of income unspent that year. Across the 3 years on record, from May 2020 to May 2023, income grew from $138k to $261k (+89%), an average of +37% a year. The sharpest change came in the year to May 2023, when income rose by 166%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy High School Band Boosters sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Camphill Academy ($261k), Patrons of Peninsula Speech & Debate ($261k) and Parent Booster USA Inc ($261k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 77% and program service revenue 12% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.