North Penn Music Aides Inc

Analysis

North Penn Music Aides Inc is a registered charity in United States, based in Lansdale, PA. It received its IRS tax-exemption ruling in March 1974, 52 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 2023, North Penn Music Aides Inc reported income of $202k and spending of $189k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $118k to $202k (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 123%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Penn Music Aides Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Bethel Gum Pond Volunteer Fire Department ($202k), Peoples Settlement Assoc ($202k) and Ihs Savannah Inc ($202k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 70% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.