Commonwealth Chorale Inc

Analysis

Commonwealth Chorale Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in March 1977, 49 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Commonwealth Chorale Inc reported income of $131k and spending of $106k, spending 81% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $75k to $131k (+75%), an average of +75% a year. The sharpest change came in the year to June 2023, when income rose by 75%. 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, Commonwealth Chorale Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Silver Spring Town Center Inc ($130k), Kansas Sampler Foundation Inc ($131k) and St Joseph Ministries Incorporated ($130k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 25% of the total. At year end it held assets of $335k against liabilities of $0, net assets of $335k.