Prospect Band Boosters Club Inc

Analysis

Prospect Band Boosters Club Inc is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in June 2012, 14 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, Prospect Band Boosters Club Inc reported income of $58k and spending of $53k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $58k to $58k (-1.2%), an average of -1.2% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Prospect Band Boosters Club Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Southside Elementary Parent Teacher Group ($58k), Sophies Home & After School Inc ($58k) and Stanley Elementary School PTO ($58k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 68% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.