Philadelphia Gay Mens Chorus Incorporated

Analysis

Philadelphia Gay Mens Chorus Incorporated is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1990, 36 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, Philadelphia Gay Mens Chorus Incorporated reported income of $282k and spending of $309k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $352k to $282k (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philadelphia Gay Mens Chorus Incorporated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Colorado Springs Fine Arts Center Foundation ($282k), Gig Harbor Film Festival ($282k) and Sweetwater Music Hall Inc ($282k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Other salaries and wages came to $65k. At year end it held assets of $68k against liabilities of $11k, net assets of $56k. It reported 4 employees.