Clements Banks and Color Guard Booster Club

Analysis

Clements Banks and Color Guard Booster Club is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Clements Banks and Color Guard Booster Club reported income of $125k and spending of $91k, leaving 27% of income unspent that year. Across the 3 years on record, from May 2019 to May 2024, income fell from $210k to $125k (-40%), an average of -23% a year. The sharpest change came in the year to May 2023, when income dropped by 43%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clements Banks and Color Guard Booster Club sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Marine Military Academy Parents Organization Inc ($125k), Big Red Pride Inc ($125k) and PTA Florida Congress ($125k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 45% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.