Chorus of Westerly

Analysis

Chorus of Westerly is a registered charity in United States, based in Westerly, RI. It received its IRS tax-exemption ruling in August 1966, 60 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 September 2023, Chorus of Westerly reported income of $2.1m and spending of $1.1m, leaving 44% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $911k to $2.1m (+127%), an average of +23% a year. The sharpest change came in the year to September 2023, when income rose by 73%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chorus of Westerly sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within RI. Charities of a similar size with the same main cause include Confidential Help for Alcohol and Drug Inc ($2.1m), Arizona Western College Foundation ($2.1m) and Metro Volunteers ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 43% and program service revenue 8.4% of the total. Other salaries and wages came to $422k. At year end it held assets of $6.7m against liabilities of $302k, net assets of $6.4m. It reported 10 employees.