Mira Mesa Instrumental Music Boosters Corporation

Analysis

Mira Mesa Instrumental Music Boosters Corporation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2009, 17 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 June 2024, Mira Mesa Instrumental Music Boosters Corporation reported income of $314k and spending of $232k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $217k to $314k (+44%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 139%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mira Mesa Instrumental Music Boosters Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Marlin Legacy Foundation ($314k), Leap of Faith Learning ($314k) and Future Legends ($314k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.2% and program service revenue 86% of the total. At year end it held assets of $374k against liabilities of $0, net assets of $374k.