The Andover Choral Society Inc

Analysis

The Andover Choral Society Inc is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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 August 2023, The Andover Choral Society Inc reported income of $57k and spending of $52k, spending 92% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $29k to $57k (+95%), an average of +95% a year. The sharpest change came in the year to August 2023, when income rose by 95%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Andover Choral Society Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Chingona Community Incorporated ($57k), Woodbury Yoga Center Inc ($57k) and Cameron County Fair and Livestock Show Inc ($57k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 47% and program service revenue 23% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.