Fairfax Choral Society Inc

Analysis

Fairfax Choral Society Inc is a registered charity in United States, based in Annandale, VA. It received its IRS tax-exemption ruling in September 1985, 41 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 2024, Fairfax Choral Society Inc reported income of $229k and spending of $231k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $351k to $229k (-35%), an average of -8.2% a year. The sharpest change came in the year to June 2022, when income rose by 178%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairfax Choral Society Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Licking County YMCA Foundation ($229k), Capital City Rowing Inc ($229k) and Kings Canyon Educational Partnership Foundation ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $82k against liabilities of $14k, net assets of $68k.