Camerata Musica

Analysis

Camerata Musica is a registered charity in United States, based in Richland, WA. It received its IRS tax-exemption ruling in March 1971, 55 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, Camerata Musica reported income of $52k and spending of $52k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $45k to $52k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camerata Musica sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 15th percentile within WA. Charities of a similar size with the same main cause include American Society of Heating Refrigerating & A-C Engineers ($52k), North Broward Preparatory School Friends of the Library Inc ($52k) and PTA Texas Congress ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.