Fairfield County Chorale Inc

Analysis

Fairfield County Chorale Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in August 1965, 61 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, Fairfield County Chorale Inc reported income of $164k and spending of $185k, spending 113% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $238k to $164k (-31%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairfield County Chorale Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Fox Valley Park Foundation Inc ($164k), Clover-Roane Vol Fire Department Incorporated ($164k) and County Line Youth Soccer League ($164k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 28% of the total. At year end it held assets of $411k against liabilities of $1,939, net assets of $409k.