South Salem High Music Boosters

Analysis

South Salem High Music Boosters is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in June 1990, 36 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 August 2023, South Salem High Music Boosters reported income of $111k and spending of $121k, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $222k to $111k (-50%), an average of -16% a year. The sharpest change came in the year to August 2022, when income rose by 574%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Salem High Music Boosters sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within OR. Charities of a similar size with the same main cause include Lead First Foundation of Corpus Christi Texas ($111k), 3s Learning ($111k) and Rochester Christian School Foundation Inc ($111k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.