Argyle Band Boosters

Analysis

Argyle Band Boosters is a registered charity in United States, based in Argyle, TX. It received its IRS tax-exemption ruling in November 2001, 25 years ago. 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, Argyle Band Boosters reported income of $246k and spending of $225k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $273k to $246k (-9.8%), an average of -9.8% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Argyle Band Boosters sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Pakistani New Life Church ($246k), Jozef Pilsudski Institute of Americ a for Research in the Modern Histo ($246k) and Knox Public Library ($246k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 64% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.