Brazoswood Band Booster Club Inc

Analysis

Brazoswood Band Booster Club Inc is a registered charity in United States, based in Lake Jackson, TX. It received its IRS tax-exemption ruling in January 2000, 26 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 May 2024, Brazoswood Band Booster Club Inc reported income of $134k and spending of $160k, spending 119% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $149k to $134k (-9.8%), an average of -2.5% a year. The sharpest change came in the year to May 2022, when income rose by 87%. 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, Brazoswood Band 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 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Vad Foundation ($134k), Lake Wylie Childrens Charity ($135k) and Wounded Warrior Courage & Sacrifice Inc ($134k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.4% and program service revenue 71% of the total. At year end it held assets of $59k against liabilities of $1,129, net assets of $58k.