Oratorio Society of Queens Inc

Analysis

Oratorio Society of Queens Inc is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in April 1986, 40 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 (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, Oratorio Society of Queens Inc reported income of $153k and spending of $187k, spending 122% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $171k to $153k (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2023, when income rose by 195%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oratorio Society of Queens Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Edmonds Arts Festival Foundation ($153k), Loadbang Inc ($153k) and Footlight Club ($153k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $30k (16% of expenses). At year end it held assets of $499k against liabilities of $107, net assets of $498k. It reported 1 employees.