Midland High School Band Boosters Inc
Analysis
Midland High School Band Boosters Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2024, Midland High School Band Boosters Inc reported income of $180k and spending of $145k, spending 81% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $36k to $180k (+395%), an average of +49% a year. The sharpest change came in the year to May 2021, when income rose by 201%. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Midland High School Band Boosters Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Executive Women of New Jersey Charitable Trust ($180k), Kitten Angels ($180k) and Shallowater Education Foundation ($180k).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Executive Women of New Jersey Charitable Trust | Voorhees | $180k |
| Kitten Angels | Mayfield | $180k |
| Shallowater Education Foundation | Shallowater | $180k |
| St Marys Child Center Inc Endowment Fund TR 20932-00-1 | Carmel | $180k |