Oratorio Society of New York

Analysis

Oratorio Society of New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1925, 101 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 2023, Oratorio Society of New York reported income of $698k and spending of $940k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $698k (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oratorio Society of New York sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Missouri Juvenile Justice Association ($698k), YMCA of Pulaski County Inc ($698k) and Footprints Inc ($698k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 50% of the total. At year end it held assets of $1.1m against liabilities of $29k, net assets of $1.1m.