The Woodlands High School Band Booster Club

Analysis

The Woodlands High School Band Booster Club is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in May 1986, 40 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, The Woodlands High School Band Booster Club reported income of $774k and spending of $757k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $641k to $774k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Woodlands High School Band Booster Club sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include The Swifty Foundation ($774k), Charitable Events Corporation ($774k) and Land Conservation Assistance Network ($773k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 4.7% of the total. At year end it held assets of $591k against liabilities of $310k, net assets of $282k.