Society for Preservation & Encourmt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encourmt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in May 1946, 80 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 December 2023, Society for Preservation & Encourmt of Barbershop Quartet Singing Amer reported income of $58k and spending of $58k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $58k (+11%), an average of +11% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Preservation & Encourmt of Barbershop Quartet Singing Amer sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Periodontal Study Club for Dental Hygentists Inc ($58k), El Centro Ministries 1st Inc ($58k) and Nevada State Assembly of Alcoholics Anonymous ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 25% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.