Seattle Classic Guitar Society

Analysis

Seattle Classic Guitar Society is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 August 2023, Seattle Classic Guitar Society reported income of $76k and spending of $77k, spending 101% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $52k to $76k (+48%), an average of +48% a year. The sharpest change came in the year to August 2023, when income rose by 48%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seattle Classic Guitar Society sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 25th percentile within WA. Charities of a similar size with the same main cause include Project Horses for Forces Inc ($76k), Austin Civic Orchestra Society ($76k) and Cambodian International Buddhist Temple Inc ($76k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 55% and program service revenue 40% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.