Permian High School Band Boosters

Analysis

Permian High School Band Boosters is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in June 2021, 5 years ago. 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, Permian High School Band Boosters reported income of $325k and spending of $274k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $613k to $325k (-47%), an average of -47% a year. The sharpest change came in the year to June 2024, when income dropped by 47%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Permian High School Band Boosters 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 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Lackawanna Historical Society ($325k), Achieve Foundation of South Orange and Maplewood Inc ($325k) and Camas Meadows Bible Camp ($325k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.