Grapevine-Colleyville Band Booster Club

Analysis

Grapevine-Colleyville Band Booster Club is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in June 1996, 30 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 2023, Grapevine-Colleyville Band Booster Club reported income of $816k and spending of $820k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $525k to $816k (+55%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grapevine-Colleyville Band Booster Club sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Kuleana Education Inc ($816k), Freedom Forum Institute Inc ($816k) and Jujoy Inc ($816k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $626k against liabilities of $0, net assets of $626k.