Allentown Band Inc

Analysis

Allentown Band Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in November 1945, 81 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Allentown Band Inc reported income of $208k and spending of $214k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $209k to $208k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Allentown Band Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Cary Players Inc ($207k), Cleveland Junior Tamburitzans - Croatian Pride Inc ($208k) and Historic Whidbey ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $13k (6.1% of expenses). Other salaries and wages came to $97k. At year end it held assets of $632k against liabilities of $0, net assets of $632k.