Sharon Community Chamber Orchestra Inc

Analysis

Sharon Community Chamber Orchestra Inc is a registered charity in United States, based in Sharon, MA. It received its IRS tax-exemption ruling in August 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Sharon Community Chamber Orchestra Inc reported income of $51k and spending of $39k, leaving 23% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $46k to $51k (+12%), an average of +12% a year. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sharon Community Chamber Orchestra Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include House of Pacific Relations International Cottages Inc ($51k), Tuscarora High School Instrumental Music Boosters Inc ($51k) and Baraboo Theatre Guild Incorporated ($51k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.