Let My Children Hear Music Inc

Analysis

Let My Children Hear Music Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Let My Children Hear Music Inc reported income of $158k and spending of $117k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $24k to $158k (+550%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 286%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Let My Children Hear Music Inc sits at the 47th percentile: it is larger than about 47% 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 Little League Baseball Inc ($158k), PTA Florida Congress ($158k) and Deep Democracy Institute ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.1% of the total. At year end it held assets of $162k against liabilities of $1,934, net assets of $160k.