Connecticut Choral Society Inc

Analysis

Connecticut Choral Society Inc is a registered charity in United States, based in Southbury, CT. It received its IRS tax-exemption ruling in May 1982, 44 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 June 2024, Connecticut Choral Society Inc reported income of $100k and spending of $118k, spending 119% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $38k to $100k (+160%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 1255%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Connecticut Choral Society Inc 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 37th percentile, and in the 35th percentile within CT. Charities of a similar size with the same main cause include Maryland Matters Inc ($100k), Peninsula Youth Orchestra ($100k) and Runestone Museum Foundation ($100k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 29% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.