Boston City Singers Inc

Analysis

Boston City Singers Inc is a registered charity in United States, based in Dorchestr Ctr, MA. It received its IRS tax-exemption ruling in May 2003, 23 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 August 2023, Boston City Singers Inc reported income of $642k and spending of $817k, spending 127% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $551k to $642k (+16%), an average of +3.9% a year. The sharpest change came in the year to August 2021, when income rose by 107%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boston City Singers Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Camp Ritchie Museum Inc ($642k), Mount Pleasant Discovery Museum ($642k) and Okpop Foundation ($642k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $250k (31% of expenses). Other salaries and wages came to $267k. At year end it held assets of $461k against liabilities of $37k, net assets of $424k. It reported 9 employees.