Choral Arts Society of Philadelphia

Analysis

Choral Arts Society of Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1983, 43 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, Choral Arts Society of Philadelphia reported income of $128k and spending of $157k, spending 122% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $124k to $128k (+3.4%), an average of +1.7% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Choral Arts Society of Philadelphia sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Lancaster Downtowners ($128k), The Cooperative Community Ministries Inc ($128k) and St Augustine Florida Junior Service League Inc ($128k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 30% of the total. At year end it held assets of $34k against liabilities of $6,830, net assets of $27k.