Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in May 1946, 80 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, Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer reported income of $395k and spending of $415k, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $120k to $395k (+229%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include LA Feliz Guild of the Valley Child- Rens Hosp & Guidance Clinic Inc ($395k), Teen Challenge of Saginaw Inc ($395k) and Transportation Action Partnership of North Bethesda & Rockville Inc ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. At year end it held assets of $583k against liabilities of $2,200, net assets of $581k.