The Philadelphia Chorus

Analysis

The Philadelphia Chorus is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1967, 59 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 December 2023, The Philadelphia Chorus reported income of $80k and spending of $54k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $248k to $80k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Philadelphia Chorus sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Del Oro Parents Club ($80k), Support Siouxland Soldiers ($80k) and Vestal Youth Football League Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 14% of the total. At year end it held assets of $373k against liabilities of $0, net assets of $373k.