Chattanooga Girls Choir Inc

Analysis

Chattanooga Girls Choir Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in December 1996, 30 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 July 2023, Chattanooga Girls Choir Inc reported income of $79k and spending of $119k, spending 151% of what it took in. Across the 3 years on record, from July 2019 to July 2023, income fell from $157k to $79k (-50%), an average of -29% a year. The sharpest change came in the year to July 2022, when income dropped by 32%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chattanooga Girls Choir Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Dakota Sunset Museum Inc ($79k), Central Coast Childrens Choir ($79k) and Krasl Art Center Charitable Trust ($79k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 48% and program service revenue 45% of the total. At year end it held assets of $12k against liabilities of $1,530, net assets of $11k.