University Glee Club of New York City

Analysis

University Glee Club of New York City is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1971, 55 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 2024, University Glee Club of New York City reported income of $336k and spending of $419k, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $243k to $336k (+39%), an average of +6.7% a year. The sharpest change came in the year to June 2024, when income rose by 57%. Over the whole period it spent 136% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University Glee Club of New York City sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Legado de Esperanza Foundation ($336k), Virginia Association of Rehabilitation Facilities ($336k) and Bike Library Inc ($336k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 40% of the total. At year end it held assets of $4.2m against liabilities of $1,969, net assets of $4.2m.