Coachella Valley Symphony

Analysis

Coachella Valley Symphony is a registered charity in United States, based in Rancho Mirage, CA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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, Coachella Valley Symphony reported income of $201k and spending of $196k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $253k to $201k (-20%), an average of -4.5% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coachella Valley Symphony sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include The Woman S Club of San Antonio ($201k), Pomeroy Living History Farm ($201k) and Kosciusko Foundation for Excellence in Education ($201k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.