Hamilton Symphony Orchestra Association Inc

Analysis

Hamilton Symphony Orchestra Association Inc is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in May 1955, 71 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, Hamilton Symphony Orchestra Association Inc reported income of $295k and spending of $241k, spending 82% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $171k to $295k (+73%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 194%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hamilton Symphony Orchestra Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Roots for Boots ($295k), Roanoke Public Library Foundation ($295k) and Immacolata Manor Thrift Shop ($295k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $151k. At year end it held assets of $86k against liabilities of $51k, net assets of $35k. It reported 1 employees.