Cedar Springs Music Boosters

Analysis

Cedar Springs Music Boosters is a registered charity in United States, based in Cedar Springs, MI. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cedar Springs Music Boosters reported income of $75k and spending of $60k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $61k to $75k (+24%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cedar Springs Music Boosters sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include Riverdale School PTO ($75k), Kiwanis Club of Manteca-Sunrise Kiwanis Foundation ($75k) and MHS Booster Club ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $144k against liabilities of $4,205, net assets of $140k.