The Greater South Jersey Philharmonic Society Inc

Analysis

The Greater South Jersey Philharmonic Society Inc is a registered charity in United States, based in Moorestown, NJ. It received its IRS tax-exemption ruling in April 1993, 33 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 2023, The Greater South Jersey Philharmonic Society Inc reported income of $120k and spending of $125k, spending 104% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $469k to $120k (-74%), an average of -49% a year. The sharpest change came in the year to June 2022, when income dropped by 68%. Over the whole period it spent 43% 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 Greater South Jersey Philharmonic Society Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Working Artists and the Greater Economy ($120k), Chinese Music Ensemble of New York Inc ($120k) and Blairstown Live-Arts Inc ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $537k against liabilities of $0, net assets of $537k.