Eldorado Band Booster Club

Analysis

Eldorado Band Booster Club is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eldorado Band Booster Club reported income of $218k and spending of $202k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $84k to $218k (+159%), an average of +159% a year. The sharpest change came in the year to June 2023, when income rose by 159%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eldorado Band Booster Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NM. Charities of a similar size with the same main cause include Friends of the Bulldog Marching Band ($218k), Mooresville Artist Guild ($218k) and Friends of the Braumart ($218k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. At year end it held assets of $60k against liabilities of $1,097, net assets of $59k.