Manhattan Choral Ensemble Inc

Analysis

Manhattan Choral Ensemble Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2002, 24 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, Manhattan Choral Ensemble Inc reported income of $52k and spending of $45k, spending 87% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $19k to $52k (+171%), an average of +40% a year. The sharpest change came in the year to June 2024, when income rose by 150%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manhattan Choral Ensemble Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Cowgirls of the West ($52k), Friends of Nas Ottumwa Inc ($52k) and Cultural Society of Filipino-Americans ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 32% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.