Putnam Chorale Ltd

Analysis

Putnam Chorale Ltd is a registered charity in United States, based in Carmel, NY. It received its IRS tax-exemption ruling in March 1991, 35 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 August 2024, Putnam Chorale Ltd reported income of $85k and spending of $80k, spending 95% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $57k to $85k (+49%), an average of +49% a year. The sharpest change came in the year to August 2024, when income rose by 49%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Putnam Chorale Ltd sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Palm Harbor Historical Society Inc ($85k), Chamber Music Festival of Lexingtoninc ($85k) and Beacon Historical Society ($85k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 16% and program service revenue 32% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.