Friends of Upland Choral Music

Analysis

Friends of Upland Choral Music is a registered charity in United States, based in Upland, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Upland Choral Music reported income of $125k and spending of $155k, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $254k to $125k (-51%), an average of -16% a year. The sharpest change came in the year to June 2022, when income rose by 579%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Upland Choral Music sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Legacy Magnet Academy PTO ($125k), Plant City High School Music Foundation Inc ($125k) and Auditory Oral Foundation ($125k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $4,800 (3.1% of expenses). At year end it held assets of $111k against liabilities of $5,136, net assets of $106k.