Ridgefield Chorale

Analysis

Ridgefield Chorale is a registered charity in United States, based in Ridgefield, CT. It received its IRS tax-exemption ruling in May 1993, 33 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 August 2024, Ridgefield Chorale reported income of $122k and spending of $105k, spending 86% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $92k to $122k (+32%), an average of +32% a year. The sharpest change came in the year to August 2024, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ridgefield Chorale sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include USA Softball of Houston Inc ($122k), Road Runners Club of America ($122k) and Small Fry Football of Helena Inc ($122k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 70% and program service revenue 12% of the total. At year end it held assets of $123k against liabilities of $454, net assets of $123k.