Carolina Winter Ensemble Association Inc

Analysis

Carolina Winter Ensemble Association Inc is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 May 2023, Carolina Winter Ensemble Association Inc reported income of $423k and spending of $491k, spending 116% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $187k to $423k (+127%), an average of +31% a year. The sharpest change came in the year to May 2022, when income rose by 1391%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Carolina Winter Ensemble Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Recreational Experiences Achieving Community Harmony R E a C H Inc ($423k), All Things Are Possible Foundation Inc ($424k) and Big Brothers Big Sisters of the Desert ($423k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $15k (3.1% of expenses). At year end it held assets of $264k against liabilities of $56k, net assets of $208k.