Richland Area Band Boosters

Analysis

Richland Area Band Boosters is a registered charity in United States, based in N Richlnd HLS, TX. It received its IRS tax-exemption ruling in December 1989, 37 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 July 2024, Richland Area Band Boosters reported income of $212k and spending of $218k, spending 103% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $192k to $212k (+10%), an average of +10% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richland Area Band Boosters 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 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Halifax Hospital Medical Center Auxiliary Inc ($212k), Valley Theater ($212k) and Volunteers of America Inc ($212k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.