Boston Classical Guitar Society Charitable TR

Analysis

Boston Classical Guitar Society Charitable TR is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in November 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boston Classical Guitar Society Charitable TR reported income of $54k and spending of $36k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $54k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boston Classical Guitar Society Charitable TR sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Historians of Netherlandish Art Inc ($54k), Jaffrey Center Village Improvement Society Inc ($54k) and Worldcc Foundation ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 50% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.