Philharmonic Society of Arlington Inc

Analysis

Philharmonic Society of Arlington Inc is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in September 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Philharmonic Society of Arlington Inc reported income of $190k and spending of $85k, leaving 55% of income unspent that year. Across the 4 years on record, from July 2021 to July 2024, income grew from $48k to $190k (+292%), an average of +58% a year. The sharpest change came in the year to July 2024, when income rose by 108%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philharmonic Society of Arlington Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Little League Baseball Inc ($190k), Support Organization for Trisomy 18 13 and Related Disorders Soft Inc ($190k) and Youth for Christ USA Inc ($190k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 92% and program service revenue 0.9% of the total. At year end it held assets of $686k against liabilities of $0, net assets of $686k.