Keller Band Boosters Inc

Analysis

Keller Band Boosters Inc is a registered charity in United States, based in Keller, TX. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Keller Band Boosters Inc reported income of $325k and spending of $321k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $280k to $325k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Keller Band Boosters Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Untapped Potential Project ($325k), JCC Foundation Inc ($325k) and Columbus Bar Foundation ($325k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 66% of the total. At year end it held assets of $214k against liabilities of $80, net assets of $214k.