The Waterbury Chorale Inc

Analysis

The Waterbury Chorale Inc is a registered charity in United States, based in Middlebury, CT. It received its IRS tax-exemption ruling in January 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Waterbury Chorale Inc reported income of $88k and spending of $67k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $25k to $88k (+248%), an average of +248% a year. The sharpest change came in the year to June 2023, when income rose by 248%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Waterbury Chorale Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within CT. Charities of a similar size with the same main cause include Duncanville Community Theatre ($88k), Oregon Schools Foundation ($88k) and PTA California Congress of Parents Teachers & Students Inc ($88k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 22% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.