Indian Lake Music Boosters and Supporters

Analysis

Indian Lake Music Boosters and Supporters is a registered charity in United States, based in Russells Pt, OH. It received its IRS tax-exemption ruling in October 2021, 5 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 December 2023, Indian Lake Music Boosters and Supporters reported income of $53k and spending of $47k, spending 88% of its income. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indian Lake Music Boosters and Supporters sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Friends of Tigard Football ($53k), Chamblee Middle School Ptsa Inc ($53k) and The Friends of the Benzie Shors District Library ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.