Plano Senior High School Band Boosters

Analysis

Plano Senior High School Band Boosters is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in October 1990, 36 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 June 2024, Plano Senior High School Band Boosters reported income of $282k and spending of $307k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $344k to $282k (-18%), an average of -3.8% a year. The sharpest change came in the year to June 2021, when income dropped by 59%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plano Senior High School Band Boosters sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Steel City All Stars Fundraising Club ($282k), Family Preschool ($283k) and Lyceum Inc ($282k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 40% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.