Earlville Opera House Inc

Analysis

Earlville Opera House Inc is a registered charity in United States, based in Earlville, NY. It received its IRS tax-exemption ruling in June 1972, 54 years ago. 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 December 2023, Earlville Opera House Inc reported income of $645k and spending of $587k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $645k (+335%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Earlville Opera House Inc sits at the 72nd percentile: it is larger than about 72% 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 Texas Youth Camp ($645k), South Dakota Ffa Foundation Inc ($645k) and Palacios Medical Foundation ($645k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $61k (10% of expenses). Other salaries and wages came to $73k. At year end it held assets of $796k against liabilities of $160k, net assets of $636k. It reported 3 employees.