The State College Choral Society

Analysis

The State College Choral Society is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in August 1984, 42 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 June 2023, The State College Choral Society reported income of $79k and spending of $92k, spending 117% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $69k to $79k (+14%), an average of +14% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The State College Choral Society sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Palmerton Area Historical Society ($79k), West Yuma County Cemetery District ($79k) and Lake Erie Fanfare Inc ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 33% of the total. At year end it held assets of $439k against liabilities of $561, net assets of $439k.