Tri City Steelband Association Tcsba

Analysis

Tri City Steelband Association Tcsba is a registered charity in United States, based in West Richland, WA. It received its IRS tax-exemption ruling in March 1998, 28 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 August 2024, Tri City Steelband Association Tcsba reported income of $192k and spending of $162k, spending 84% of its income. Across the 4 years on record, from August 2021 to August 2024, income grew from $59k to $192k (+228%), an average of +49% a year. The sharpest change came in the year to August 2022, when income rose by 190%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tri City Steelband Association Tcsba sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include North Shore Performing Arts Center Foundation in Skokie ($192k), New Land Theatricals Inc ($192k) and Dance Elixir ($192k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 59% and program service revenue 24% of the total. At year end it held assets of $226k against liabilities of $4,513, net assets of $221k.