Waynesboro Community Concert Assoc

Analysis

Waynesboro Community Concert Assoc is a registered charity in United States, based in Waynesboro, PA. It received its IRS tax-exemption ruling in May 1991, 35 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, Waynesboro Community Concert Assoc reported income of $82k and spending of $103k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $82k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waynesboro Community Concert Assoc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Potomac Chinese School Inc ($82k), Friends of the Champaign Public Library ($82k) and Savanna Food Pantry ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 11% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.