Chestatee High School Band Booster

Analysis

Chestatee High School Band Booster is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in July 2024, 2 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 2024, Chestatee High School Band Booster reported income of $186k and spending of $296k, spending 159% of what it took in. Across the 4 years on record, from June 2018 to June 2024, income grew from $24k to $186k (+689%), an average of +99% a year. The sharpest change came in the year to June 2019, when income rose by 1388%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chestatee High School Band Booster 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 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Alma ($186k), Bourbon Capital Community Alliance Inc ($186k) and Region 30 Uil Music ($186k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% of the total. At year end it held assets of $9,058 against liabilities of $1,705, net assets of $7,353.