Cuthbertson High Theater Boosters

Analysis

Cuthbertson High Theater Boosters is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Cuthbertson High Theater Boosters reported income of $65k and spending of $63k, spending 97% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $36k to $65k (+78%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cuthbertson High Theater Boosters sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Veterans Action Group ($65k), Dennehy Parents Club NFP Inc ($65k) and Irish Dancers of Indianapolis ($65k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.