Commonwealth Youth Choirs

Analysis

Commonwealth Youth Choirs is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2001, 25 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 August 2023, Commonwealth Youth Choirs reported income of $1.0m and spending of $1.2m, spending 114% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.6m to $1.0m (-36%), an average of -10% a year. The sharpest change came in the year to August 2022, when income rose by 99%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Commonwealth Youth Choirs sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Maryhill Museum of Art ($1.0m), Virginia Council on Economic Education ($1.0m) and Ritz Community Theater Project Inc ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Other salaries and wages came to $386k. At year end it held assets of $363k against liabilities of $266k, net assets of $97k. It reported 11 employees.