Loveland High School Band Boosters

Analysis

Loveland High School Band Boosters is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in December 1997, 29 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, Loveland High School Band Boosters reported income of $248k and spending of $303k, spending 122% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $385k to $248k (-36%), an average of -10% a year. The sharpest change came in the year to May 2022, when income rose by 146%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loveland High School Band Boosters 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 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Kappa Kappa Gamma Charitable Foundation ($248k), Josiah Quincy School Association ($248k) and Leo Project Inc ($248k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 34% and program service revenue 43% of the total. It paid $3,828 in professional fundraising fees. At year end it held assets of $123k against liabilities of $11k, net assets of $112k.