Wolverine Band Boosters

Analysis

Wolverine Band Boosters is a registered charity in United States, based in Centerton, AR. It received its IRS tax-exemption ruling in September 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, Wolverine Band Boosters reported income of $248k and spending of $263k, spending 106% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $108k to $248k (+129%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wolverine Band Boosters sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AR. Charities of a similar size with the same main cause include Josiah Quincy School Association ($248k), Abate Foundation Inc ($248k) and Loveland High School Band Boosters ($248k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 36% of the total. At year end it held assets of $85k against liabilities of $4,591, net assets of $80k.