Music on the Hill Incorporated

Analysis

Music on the Hill Incorporated is a registered charity in United States, based in N Kingstown, RI. It received its IRS tax-exemption ruling in February 1982, 44 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 2024, Music on the Hill Incorporated reported income of $74k and spending of $61k, spending 82% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $56k to $74k (+32%), an average of +15% a year. The sharpest change came in the year to August 2023, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Music on the Hill Incorporated sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within RI. Charities of a similar size with the same main cause include National Association of Negro Buiness & Professional Womens C ($74k), Polymnia Choral Society Inc ($74k) and Charlottes Web of Prayer Inc ($74k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.