Valley Concert Chorale

Analysis

Valley Concert Chorale is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in June 1969, 57 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 June 2024, Valley Concert Chorale reported income of $55k and spending of $68k, spending 123% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $71k to $55k (-22%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valley Concert Chorale sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include North Olympic Artists Co-Op ($55k), Spanish Institute ($55k) and Pranam Collaborative Learning Services Inc NFP ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.