Spectrum Singers Inc

Analysis

Spectrum Singers Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 1983, 43 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 June 2024, Spectrum Singers Inc reported income of $119k and spending of $113k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $90k to $119k (+33%), an average of +33% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spectrum Singers Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Ionia R Whipper Home Inc ($119k), Asociacion Nacional de Sacerdotes Hispanos ($119k) and First Presbyterian Church Child Development Center ($119k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 22% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.