Salinas High Music Association

Analysis

Salinas High Music Association is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in August 1992, 34 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, Salinas High Music Association reported income of $128k and spending of $117k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $84k to $128k (+52%), an average of +52% a year. The sharpest change came in the year to June 2024, when income rose by 52%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salinas High Music Association 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 45th percentile within CA. Charities of a similar size with the same main cause include Albert Lea Wrestling Booster Club ($128k), Lightning Robotics ($128k) and Assist a Grad Scholarship Foundation Inc ($128k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.6% and program service revenue 68% of the total. At year end it held assets of $423k against liabilities of $999, net assets of $422k.