Youth Philharmonic Orchestra

Analysis

Youth Philharmonic Orchestra is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 2004, 22 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, Youth Philharmonic Orchestra reported income of $596k and spending of $535k, spending 90% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $505k to $596k (+18%), an average of +8.7% a year. The sharpest change came in the year to June 2024, when income rose by 78%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Philharmonic Orchestra sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Circus Harmony ($596k), Fargo-Moorhead Orchestral ($596k) and Beyond Nuclear ($596k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $51k (9.5% of expenses). Other salaries and wages came to $141k. At year end it held assets of $129k against liabilities of $0, net assets of $129k. It reported 11 employees.