Opera Club of the Villages Inc

Analysis

Opera Club of the Villages Inc is a registered charity in United States, based in Lady Lake, FL. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Opera Club of the Villages Inc reported income of $61k and spending of $66k, spending 107% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $131k to $61k (-53%), an average of -53% a year. The sharpest change came in the year to July 2024, when income dropped by 53%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Opera Club of the Villages Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Brighton Reading Room Inc ($61k), Outrun the Rays Inc ($61k) and We Love Police Inc ($61k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 40% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.