Longmont High School Music Boosters

Analysis

Longmont High School Music Boosters is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Longmont High School Music Boosters reported income of $138k and spending of $119k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $321k to $138k (-57%), an average of -19% a year. The sharpest change came in the year to August 2023, when income rose by 156%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Longmont High School Music Boosters sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within CO. Charities of a similar size with the same main cause include Raices Cultura ($138k), Automotive Womens Alliance Foundation ($138k) and Ncsea Foundation ($138k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 50% of the total. At year end it held assets of $263k against liabilities of $2,300, net assets of $261k.