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Six String Concerts Inc

RegisteredEIN 31-1277720Columbus, OHOther charitable purposes
Income$80k2024-06
Spending$66ksame year
Spent / received86%2-year average
Size in its cause31st pctOther charitable purposes
Exempt since1990Publicly supported organisat
Employees–latest return

Analysis

Six String Concerts Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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, Six String Concerts Inc reported income of $80k and spending of $66k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $71k to $80k (+13%), an average of +13% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Six String Concerts Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include PTA Delaware Congress ($80k), Hopkinton Youth Sports Association ($80k) and Atchison County Historical Society ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 50% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.

Income and spending

$0$20k$40k$60k$80k2023 Income: $70,5632023 Spending: $63,43720232024 Income: $79,8492024 Spending: $65,9072024
IncomeSpending

Where the income comes from

  • Contributions & grants 47%
  • Program services 50%
  • Other 3.4%

Similar-sized charities, same cause

CharityLocationIncome
PTA Delaware CongressFallston$80k
Hopkinton Youth Sports AssociationContoocook$80k
Atchison County Historical SocietyAtchison$80k
Cornish Rescue Squad IncorporatedCornish Flat$80k