Henry M Gunn High School Music Boosters

Analysis

Henry M Gunn High School Music Boosters is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in January 1995, 31 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 2023, Henry M Gunn High School Music Boosters reported income of $347k and spending of $380k, spending 109% of what it took in. Across the 2 years on record, from June 2020 to June 2023, income grew from $204k to $347k (+71%), an average of +71% a year. The sharpest change came in the year to June 2023, when income rose by 71%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henry M Gunn High School Music Boosters sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Nature Track Foundation ($347k), Grizzly Rodeo Association ($347k) and Professional Association of Georgia Educators Foundation Inc ($347k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.