Colgan High School Band Boosters

Analysis

Colgan High School Band Boosters is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in August 2017, 9 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, Colgan High School Band Boosters reported income of $75k and spending of $78k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $127k to $75k (-41%), an average of -41% a year. The sharpest change came in the year to June 2024, when income dropped by 41%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colgan High School Band 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 28th percentile within VA. Charities of a similar size with the same main cause include Hanford Elementary School District Parents Clubs ($75k), Grace Resources ($75k) and Lamont Memorial Free Library ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.