Fort Wayne Childrens Choir Inc
Analysis
Fort Wayne Childrens Choir Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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, Fort Wayne Childrens Choir Inc reported income of $437k and spending of $464k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $437k to $437k (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 96% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Wayne Childrens Choir Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($437k), David Horton Ministries Inc ($437k) and Graham Crisis Center Inc ($437k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $67k (14% of expenses). Other salaries and wages came to $212k. At year end it held assets of $491k against liabilities of $166k, net assets of $325k. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Program services 40%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Habitat for Humanity International Inc | Asheboro | $437k |
| David Horton Ministries Inc | Tampa | $437k |
| Graham Crisis Center Inc | Graham | $437k |
| The McKenney Foundation | Petersburg | $437k |