Memorial Band Parent Association

Analysis

Memorial Band Parent Association is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Memorial Band Parent Association reported income of $111k and spending of $115k, spending 104% of its income. Across the 6 years on record, from July 2019 to July 2024, income fell from $212k to $111k (-47%), an average of -12% a year. The sharpest change came in the year to July 2021, when income dropped by 46%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Memorial Band Parent Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Open Organisation of Lockpickers ($111k), Pennsylvania Science Olympiad ($111k) and 3s Learning ($111k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.