Singers Club

Analysis

Singers Club is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in September 1938, 88 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Singers Club reported income of $97k and spending of $91k, spending 94% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $55k to $97k (+75%), an average of +32% a year. The sharpest change came in the year to May 2024, when income rose by 36%. Over the whole period it spent 120% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Singers Club sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Caladium Arts & Crafts Cooperative Inc ($97k), Geros Tou Morea Inc ($97k) and Swell Cinema ($97k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 63% and program service revenue 15% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.