McNeil Band Boosters Inc

Analysis

McNeil Band Boosters Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2014, 12 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 April 2024, McNeil Band Boosters Inc reported income of $368k and spending of $372k, spending 101% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $263k to $368k (+40%), an average of +7.0% a year. The sharpest change came in the year to April 2022, when income rose by 101%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McNeil Band Boosters Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Vela ($368k), Chico Oaks Adventist Preschool ($368k) and Piaa Foundation ($368k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $10k (2.7% of expenses). At year end it held assets of $62k against liabilities of $876, net assets of $62k.