Augusta Choral Society Inc

Analysis

Augusta Choral Society Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in August 1969, 57 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 2023, Augusta Choral Society Inc reported income of $126k and spending of $134k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $83k to $126k (+52%), an average of +52% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Augusta Choral Society Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Central Mississippi Crime Stoppes Inc ($126k), Rotary Club of Greenport Charitable Fund Inc ($126k) and PTA Texas Congress ($126k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 21% of the total. At year end it held assets of $29k against liabilities of $1,073, net assets of $28k.