Pearce Area Band Club Inc

Analysis

Pearce Area Band Club Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in September 1999, 27 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, Pearce Area Band Club Inc reported income of $606k and spending of $636k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $363k to $606k (+67%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 110%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pearce Area Band Club Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include New America Corporation ($606k), Kappa Delta Rho Foundation ($606k) and Lutheran High School in Mayer Foundation ($606k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 83% of the total. At year end it held assets of $131k against liabilities of $22k, net assets of $109k.