Friends of Monte Vista Choir

Analysis

Friends of Monte Vista Choir is a registered charity in United States, based in Alamo, CA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Friends of Monte Vista Choir reported income of $187k and spending of $180k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $324k to $187k (-42%), an average of -42% a year. The sharpest change came in the year to June 2024, when income dropped by 42%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Monte Vista Choir sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Page Middle School Parent Teacher Organization ($187k), Greater Houston Womens Foundations ($187k) and Utah Nihongo Hoshuukou ($187k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $9,180 (5.1% of expenses). At year end it held assets of $75k against liabilities of $20k, net assets of $54k.