Grand Oaks High School Band Booster Association

Analysis

Grand Oaks High School Band Booster Association is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in May 2018, 8 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 May 2024, Grand Oaks High School Band Booster Association reported income of $364k and spending of $351k, spending 96% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $206k to $364k (+77%), an average of +15% a year. The sharpest change came in the year to May 2022, when income rose by 52%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand Oaks High School Band Booster Association sits at the 72nd percentile: it is larger than about 72% 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 Knox Partnership for Arts and Culture Inc ($364k), Facetime Theatre Inc ($364k) and National Society of the Daughters of the American Revolution ($364k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 6.3% and program service revenue 78% of the total. At year end it held assets of $175k against liabilities of $7,400, net assets of $167k.