Mansfield Timberview Band Booster Club

Analysis

Mansfield Timberview Band Booster Club is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in November 2020, 6 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 June 2024, Mansfield Timberview Band Booster Club reported income of $123k and spending of $117k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $68k to $123k (+80%), an average of +80% a year. The sharpest change came in the year to June 2024, when income rose by 80%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mansfield Timberview Band Booster Club sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Fife High School Scholarship Foundation ($123k), Canal Winchester Performing Arts Group Inc ($123k) and Livingston Avenue Business Association ($123k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $1,978 against liabilities of $64k, net assets of -$62k.