Singing City

Analysis

Singing City is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1960, 66 years ago. 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, Singing City reported income of $320k and spending of $324k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $266k to $320k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Singing City sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Cross Connect Church ($320k), Oklahoma Lions Service Foundation Inc ($320k) and Make It Clear Ministries ($320k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $65k (20% of expenses). Other salaries and wages came to $71k. At year end it held assets of $446k against liabilities of $27k, net assets of $419k. It reported 4 employees.