Cinco Ranch High School Band Boosters Inc

Analysis

Cinco Ranch High School Band Boosters Inc is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in January 2002, 24 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 June 2024, Cinco Ranch High School Band Boosters Inc reported income of $171k and spending of $143k, spending 83% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $114k to $171k (+50%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 94%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cinco Ranch High School Band Boosters Inc 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 54th percentile within TX. Charities of a similar size with the same main cause include South Rowan Public Schools Bible Teaching Association ($171k), Wisetribe US Inc ($171k) and Georgia Association of Realtors Scholarship Foundation Inc ($171k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% of the total. At year end it held assets of $67k against liabilities of -$7,520, net assets of $74k.