Warminster Symphony Society

Analysis

Warminster Symphony Society is a registered charity in United States, based in Warminster, PA. It received its IRS tax-exemption ruling in September 1979, 47 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 August 2023, Warminster Symphony Society reported income of $79k and spending of $72k, spending 91% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $48k to $79k (+65%), an average of +65% a year. The sharpest change came in the year to August 2023, when income rose by 65%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warminster Symphony Society sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($79k), Novi Cooperative Preschool Inc ($79k) and Colorado Golden Gloves Charities Inc ($79k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.