Berks Youth Chorus Inc

Analysis

Berks Youth Chorus Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in February 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Berks Youth Chorus Inc reported income of $192k and spending of $139k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $133k to $192k (+44%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Berks Youth Chorus Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Adobe Theater Inc ($192k), Society for Preservation & Encourmt of Barbershop Quartet Singing Amer ($192k) and Gabriel Chamber Ensemble ($192k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $40k (28% of expenses). Other salaries and wages came to $50k. At year end it held assets of $258k against liabilities of $3,550, net assets of $254k. It reported 4 employees.