Charter Oak High School Band Boosters

Analysis

Charter Oak High School Band Boosters is a registered charity in United States, based in Glendora, CA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Charter Oak High School Band Boosters reported income of $153k and spending of $127k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $119k to $153k (+29%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Charter Oak High School Band Boosters sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Bridgetown Conservatory of Musical Theatre ($153k), Thousand Oaks Philharmonic ($153k) and Parent Advocates for Spanish Immersion Inc ($153k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 12% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.