Lake Highlands Area Choir Booster Club Inc

Analysis

Lake Highlands Area Choir Booster Club Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 1998, 28 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, Lake Highlands Area Choir Booster Club Inc reported income of $150k and spending of $181k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $193k to $150k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2023, when income rose by 162%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Highlands Area Choir Booster Club Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Root Source ($150k), Kings Town Elementary PTO ($150k) and Post ($150k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 37% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.