Graham Concert Association Inc

Analysis

Graham Concert Association Inc is a registered charity in United States, based in Graham, TX. It received its IRS tax-exemption ruling in December 1973, 53 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 December 2023, Graham Concert Association Inc reported income of $54k and spending of $64k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $54k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Graham Concert Association Inc 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 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Morgan First Aid Squad Inc ($54k), San Marcos Rotary Club Foundation ($54k) and PTA New York Congress ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 47% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.