El Dorado Song Boosters

Analysis

El Dorado Song Boosters is a registered charity in United States, based in Placentia, CA. It received its IRS tax-exemption ruling in November 2018, 8 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 December 2023, El Dorado Song Boosters reported income of $70k and spending of $104k, spending 148% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $70k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 131% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, El Dorado Song Boosters sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Kappa Gamma Pi ($70k), Chouteau-Mazie Leadership & Academic Support for Students ($70k) and LD Bell HS Choir Booster Club ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $1 against liabilities of $29k, net assets of -$29k.