George London Foundation for Singers Inc

Analysis

George London Foundation for Singers Inc is a registered charity in United States, based in New York, 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 June 2024, George London Foundation for Singers Inc reported income of $655k and spending of $306k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $370k to $655k (+77%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 56%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, George London Foundation for Singers Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Mount Vernon Place Conservancy Inc ($655k), Tipping Point Theatre ($655k) and Baron Critical Weather Institute ($655k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $65k (21% of expenses). At year end it held assets of $1.5m against liabilities of $11k, net assets of $1.5m. It reported 2 employees.