Lincoln High School Music Boosters

Analysis

Lincoln High School Music Boosters is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 1996, 30 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, Lincoln High School Music Boosters reported income of $54k and spending of $61k, spending 113% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $69k to $54k (-22%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln High School Music Boosters sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Wolfeboro Nursery School Inc ($54k), Delta Theta Omega Foundation ($54k) and Ehs Cougar Touchdown Club ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $108k against liabilities of $11k, net assets of $96k.