Klein Band Association

Analysis

Klein Band Association is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in June 1997, 29 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, Klein Band Association reported income of $177k and spending of $165k, spending 93% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $95k to $177k (+86%), an average of +36% a year. The sharpest change came in the year to May 2024, when income rose by 46%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Klein Band Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Cherry Grove Community Association Inc ($177k), Hearten Haiti Project Inc ($177k) and Doz Charitable Foundation Inc ($177k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 4.8% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.