Piedmont Band Boosters Inc

Analysis

Piedmont Band Boosters Inc is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in March 2015, 11 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 March 2024, Piedmont Band Boosters Inc reported income of $214k and spending of $189k, spending 88% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $186k to $214k (+15%), an average of +7.3% a year. The sharpest change came in the year to March 2024, when income rose by 158%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Piedmont Band Boosters Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NC. Charities of a similar size with the same main cause include Ahs Bulldog Band Booster Club ($214k), The Usd 113 Foundation ($214k) and Christian Education League Inc ($214k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 39% and program service revenue 44% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.