Walnut Hills Instrumentalists Parents Inc

Analysis

Walnut Hills Instrumentalists Parents Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 1967, 59 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 2023, Walnut Hills Instrumentalists Parents Inc reported income of $168k and spending of $193k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $276k to $168k (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 120%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walnut Hills Instrumentalists Parents Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Shia Association of North America ($168k), Stanwood High School Aaaa Booster Club ($168k) and American Society of Heating Refrigerating & A-C Engineers ($168k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.