San Mateo High School Music Boosters

Analysis

San Mateo High School Music Boosters is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in July 1980, 46 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 2023, San Mateo High School Music Boosters reported income of $148k and spending of $143k, spending 96% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $324k to $148k (-54%), an average of -32% a year. The sharpest change came in the year to June 2023, when income rose by 234%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Mateo High School Music Boosters sits at the 46th percentile: it is larger than about 46% 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 Hydetown Volunteer Fire Department and Relief Association ($148k), Westside Christian Ctr of the Assemblies of God ($148k) and Proaction Institute Incorporated ($148k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 15% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.