Caballeros-The Gay Mens Chorus of Palm Springs

Analysis

Caballeros-The Gay Mens Chorus of Palm Springs is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 July 2024, Caballeros-The Gay Mens Chorus of Palm Springs reported income of $223k and spending of $185k, spending 83% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $192k to $223k (+16%), an average of +16% a year. The sharpest change came in the year to July 2024, when income rose by 16%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Caballeros-The Gay Mens Chorus of Palm Springs sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Gustavo Dudamel Foundation Inc ($223k), Chinese Culture Association of Long Island Inc ($223k) and Icebreaker Mackinac Maritime Museum Inc ($223k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 92% and program service revenue 1.4% of the total. Other salaries and wages came to $50k. At year end it held assets of $228k against liabilities of $7,483, net assets of $220k. It reported 4 employees.