The Choir School of Delaware Inc

Analysis

The Choir School of Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in July 2007, 19 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 July 2023, The Choir School of Delaware Inc reported income of $665k and spending of $1.2m, spending 185% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $433k to $665k (+54%), an average of +11% a year. The sharpest change came in the year to July 2021, when income rose by 113%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Choir School of Delaware Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within DE. Charities of a similar size with the same main cause include Lake Wales Arts Council Inc ($665k), Friends of the Record Company Inc ($665k) and Trustus Inc ($665k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 92% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $82k (6.6% of expenses). Other salaries and wages came to $524k. At year end it held assets of $403k against liabilities of $317k, net assets of $86k. It reported 33 employees.