Legacy Band Boosters

Analysis

Legacy Band Boosters is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in October 2019, 7 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 May 2023, Legacy Band Boosters reported income of $171k and spending of $161k, spending 94% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $176k to $171k (-3.0%), an average of -1.0% a year. The sharpest change came in the year to May 2022, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Band Boosters sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Dream It Do It Western New York Inc ($171k), Atlantic Chapter Apco Inc ($171k) and New Jersey Coastal Coalition Inc ($171k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 64% and program service revenue 6.2% of the total. At year end it held assets of $200k against liabilities of $31k, net assets of $169k. It reported 34 employees.