Hyde Park Youth Symphony Inc

Analysis

Hyde Park Youth Symphony Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1979, 47 years ago. 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 June 2024, Hyde Park Youth Symphony Inc reported income of $85k and spending of $91k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $80k to $85k (+6.3%), an average of +6.3% a year. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hyde Park Youth Symphony Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Alexander Foundation ($85k), Public Financial Publication Inc ($85k) and Rangoli Foundation for Art and Culture ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.