Philharmonic Foundation of Orange County TR

Analysis

Philharmonic Foundation of Orange County TR is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Philharmonic Foundation of Orange County TR reported income of $89k and spending of $176k, spending 197% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $225k to $89k (-60%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 398%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Philharmonic Foundation of Orange County TR sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Aiken Electric Trust ($89k), Bob Feller Act of Valor Award Foundation Inc ($89k) and Pullman Rotary Charity ($89k).

At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.