The Babylon Chorale Inc

Analysis

The Babylon Chorale Inc is a registered charity in United States, based in Babylon, NY. It received its IRS tax-exemption ruling in October 1981, 45 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 June 2024, The Babylon Chorale Inc reported income of $62k and spending of $53k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $54k to $62k (+15%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Babylon Chorale Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Charles H Williams Trust ($62k), Thedacare Regional Medical Center- Appleton Volunteers ($62k) and Legatus ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 25% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.