Buena High School Music Association
Analysis
Buena High School Music Association is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in July 2005, 21 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, Buena High School Music Association reported income of $85k and spending of $32k, leaving 62% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $159k to $85k (-46%), an average of -46% a year. The sharpest change came in the year to June 2024, when income dropped by 46%. Over the whole period it spent 73% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Buena High School Music Association sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Caring Communities Inc ($85k), Cedar Hills Elementary Parent Teacher Organization ($85k) and Academy of Homiletics ($85k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.6% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.
Income and spending
Where the income comes from
- Contributions & grants 6.6%
- Other 93%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Caring Communities Inc | Sykesville | $85k |
| Cedar Hills Elementary Parent Teacher Organization | Overland Park | $85k |
| Academy of Homiletics | Apopka | $85k |
| J B H S Instrumental Music Association Booster Club Inc | Burbank | $85k |