Binghamton Downtown Singers Inc

Analysis

Binghamton Downtown Singers Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in January 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Binghamton Downtown Singers Inc reported income of $64k and spending of $55k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $73k to $64k (-13%), an average of -13% a year. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Binghamton Downtown Singers Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Greenville Junction Depot Friends ($64k), Francis Poulenc Trio ($64k) and Chetco Pelican Players Inc ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 30% of the total. At year end it held assets of $73k against liabilities of $13k, net assets of $61k.