Harbor City Music Company Show Chorus

Analysis

Harbor City Music Company Show Chorus is a registered charity in United States, based in Odenton, MD. It received its IRS tax-exemption ruling in January 1970, 56 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 April 2023, Harbor City Music Company Show Chorus reported income of $116k and spending of $79k, leaving 32% of income unspent that year. Across the 3 years on record, from April 2020 to April 2023, income grew from $85k to $116k (+38%), an average of +17% a year. The sharpest change came in the year to April 2023, when income rose by 46%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harbor City Music Company Show Chorus sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Networks ($116k), Robbins House Inc ($116k) and Shango Music and Dance ($116k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 30% and program service revenue 33% of the total. At year end it held assets of $182k against liabilities of $3,784, net assets of $178k.