Greater Hazelton Concert Series Inc

Analysis

Greater Hazelton Concert Series Inc is a registered charity in United States, based in Hazleton, PA. It received its IRS tax-exemption ruling in January 1994, 32 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 May 2024, Greater Hazelton Concert Series Inc reported income of $172k and spending of $194k, spending 113% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $139k to $172k (+23%), an average of +5.3% a year. The sharpest change came in the year to May 2022, when income rose by 388%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Hazelton Concert Series Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($172k), Tivy Athletic Booster Club ($172k) and Little League Baseball Inc ($172k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 11% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $24k (12% of expenses). At year end it held assets of $268k against liabilities of $500, net assets of $267k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.