Tesoro High School Music Boosters

Analysis

Tesoro High School Music Boosters is a registered charity in United States, based in Rcho Sta Marg, CA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Tesoro High School Music Boosters reported income of $148k and spending of $119k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $147k to $148k (+0.2%), an average of +0.2% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tesoro High School Music Boosters sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Journey at Waypoint Inc ($148k), Gibson Southern Scholarships Inc ($148k) and Ridgeway Community Association Inc ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.6% and program service revenue 52% of the total. At year end it held assets of $94k against liabilities of $20k, net assets of $75k.