Lexington County Choral Society

Analysis

Lexington County Choral Society is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in November 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lexington County Choral Society reported income of $51k and spending of $51k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $47k to $51k (+9.4%), an average of +9.4% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lexington County Choral Society sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within SC. Charities of a similar size with the same main cause include Museum of the Horseless Carriage ($51k), Friends of Mendelsohn ($51k) and John J Garbarino & Adrienne Houssiere Garbarino Memorial TR 4 ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 34% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.