Fayetteville Band Boosters Inc

Analysis

Fayetteville Band Boosters Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in October 2005, 21 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 2023, Fayetteville Band Boosters Inc reported income of $365k and spending of $298k, spending 82% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $208k to $365k (+76%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 1185%. 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, Fayetteville Band Boosters Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within AR. Charities of a similar size with the same main cause include Freven Foundation Charitable TR ($365k), Vision 2000 Educational Foundation ($365k) and Connecticut Explored Inc ($365k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 91% of the total. Other salaries and wages came to $27. At year end it held assets of $206k against liabilities of $0, net assets of $206k.