Pro Arte Chorale Inc

Analysis

Pro Arte Chorale Inc is a registered charity in United States, based in Ridgewood, NJ. It received its IRS tax-exemption ruling in December 1968, 58 years ago. 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, Pro Arte Chorale Inc reported income of $68k and spending of $75k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $62k to $68k (+9.9%), an average of +9.9% a year. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pro Arte Chorale Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Yates Mill Associates Inc ($68k), El Paso County Historical Society Inc ($68k) and Em Greenville ($68k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 37% of the total. At year end it held assets of $7,797 against liabilities of $2,512, net assets of $5,285.