Youth Singers of the Bay Area

Analysis

Youth Singers of the Bay Area is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 July 2024, Youth Singers of the Bay Area reported income of $100k and spending of $100k, spending 100% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $58k to $100k (+73%), an average of +15% a year. The sharpest change came in the year to July 2022, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Singers of the Bay Area sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Original Schuhplatter V V Enzian Inc ($100k), Westarts Booster Club Inc ($100k) and Lake Park Band Auxiliary ($100k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (40% of expenses). Other salaries and wages came to $26k. At year end it held assets of -$3,256 against liabilities of $0, net assets of -$3,256.

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.