New York African Chorus Ensemble Inc

Analysis

New York African Chorus Ensemble Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2006, 20 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 December 2023, New York African Chorus Ensemble Inc reported income of $190k and spending of $185k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $190k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York African Chorus Ensemble Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Connecticut Arts Alliance Incorporated ($190k), One Plympton Preservation Foundation Inc ($190k) and Hollywood in Pixels Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $22k against liabilities of $1,676, net assets of $20k.