Heritage Chorale Inc

Analysis

Heritage Chorale Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in January 1952, 74 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 June 2024, Heritage Chorale Inc reported income of $96k and spending of $84k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $87k to $96k (+10%), an average of +10% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heritage Chorale Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Rotary Club of Cayucos-Seaside Foundation ($96k), Habitat for Humanity International Inc ($96k) and Somerset Hills Mountaineers ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 11% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.