Cy-Springs Panther Band Booster Club

Analysis

Cy-Springs Panther Band Booster Club is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in April 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 May 2024, Cy-Springs Panther Band Booster Club reported income of $167k and spending of $177k, spending 106% of what it took in. Across the 4 years on record, from May 2020 to May 2024, income fell from $206k to $167k (-19%), an average of -6.7% a year. The sharpest change came in the year to May 2023, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cy-Springs Panther Band Booster Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Scholarships to Economically Poorstudents ($167k), Bia Education Foundation Inc ($167k) and Legacy Education and Community Empowerment Foundation Inc ($167k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 1.3% and program service revenue 0.4% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.