Down East Singers

Analysis

Down East Singers is a registered charity in United States, based in Rockport, ME. It received its IRS tax-exemption ruling in April 1996, 30 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 2024, Down East Singers reported income of $55k and spending of $55k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $48k to $55k (+13%), an average of +13% a year. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Down East Singers sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 14th percentile within ME. Charities of a similar size with the same main cause include Society Hill Preservation Foundation ($55k), Downstage Arts Corp ($55k) and Jersey Access Group Inc ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 22% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.