Arapahoe Band Boosters

Analysis

Arapahoe Band Boosters is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in April 1977, 49 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 May 2024, Arapahoe Band Boosters reported income of $58k and spending of $63k, spending 109% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $268k to $58k (-78%), an average of -26% a year. The sharpest change came in the year to May 2021, when income dropped by 55%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arapahoe Band Boosters sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Bible Literature Online ($58k), Dickinson Public Library Foundation ($58k) and WHF Foundation ($58k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 39% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.