Choral Art Society of New Jersey

Analysis

Choral Art Society of New Jersey is a registered charity in United States, based in Clark, NJ. It received its IRS tax-exemption ruling in December 1968, 58 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 June 2024, Choral Art Society of New Jersey reported income of $57k and spending of $55k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $51k to $57k (+11%), an average of +11% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Choral Art Society of New Jersey sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include The Womens Therapy Centre Institute Inc ($57k), The Shepherds Center of Greensboro Inc ($57k) and Sheffield Education Foundation Inc ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 28% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.