South Coast Chorale Inc

Analysis

South Coast Chorale Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, South Coast Chorale Inc reported income of $249k and spending of $175k, leaving 29% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $60k to $249k (+317%), an average of +317% a year. The sharpest change came in the year to July 2023, when income rose by 317%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Coast Chorale Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Lincoln Youth Baseball Organization ($249k), Kentucky All a Classic Inc ($249k) and Share-A-Home of Yadkin County Inc ($249k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 78% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $24k (14% of expenses). Other salaries and wages came to $6,547. At year end it held assets of $69k against liabilities of $3,827, net assets of $65k. It reported 4 employees.