Westlake High School Instrumental Music Boosters

Analysis

Westlake High School Instrumental Music Boosters is a registered charity in United States, based in Westlake VLG, CA. It received its IRS tax-exemption ruling in August 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 July 2024, Westlake High School Instrumental Music Boosters reported income of $192k and spending of $171k, spending 89% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $216k to $192k (-11%), an average of -11% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westlake High School Instrumental Music Boosters sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Western Reserve Fire Museum at Cleveland Inc ($192k), Woodlawn East Community and Neighbo R ($192k) and Ashland Regional Ballet Inc ($192k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $71k against liabilities of $7,086, net assets of $64k.