Lebanon Trail High School Band Booster Association

Analysis

Lebanon Trail High School Band Booster Association is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in February 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 2023, Lebanon Trail High School Band Booster Association reported income of $383k and spending of $418k, spending 109% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $494k to $383k (-22%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 45%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lebanon Trail High School Band Booster Association 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 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Knowledge Builders of Florida Inc ($383k), Gathering Outreach Community Services ($383k) and Desiring Advancement Overseas Inc ($383k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.