Cerritos High School Music Boosters

Analysis

Cerritos High School Music Boosters is a registered charity in United States, based in Cerritos, CA. It received its IRS tax-exemption ruling in April 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Cerritos High School Music Boosters reported income of $72k and spending of $62k, spending 85% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $66k to $72k (+9.2%), an average of +4.5% a year. The sharpest change came in the year to May 2023, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cerritos High School Music Boosters sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Szkola M Sklodowskiej-Curie Inc ($72k), Theatre for All Inc ($72k) and Railroad Historical District Corporation ($72k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 253% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.