New Haven Chorale Inc

Analysis

New Haven Chorale Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in November 1964, 62 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, New Haven Chorale Inc reported income of $227k and spending of $193k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $170k to $227k (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Haven Chorale Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Council on Naturopathic Medical Education Inc ($227k), Chautauqua County Youth Hockey Association ($227k) and Big Brothers Big Sisters of Blair County ($227k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $33k (17% of expenses). Other salaries and wages came to $63k. At year end it held assets of $691k against liabilities of $0, net assets of $691k.