Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Glenview, IL. 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 & Encrgmnt of Barbershop Quartet Singing Amer reported income of $54k and spending of $61k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $54k (-5.4%), an average of -5.4% a year. Over the whole period it spent 100% 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 & Encrgmnt of Barbershop Quartet Singing Amer sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include The Veterans Family Brigade ($54k), Neuse River Valley Model Railroad Club Inc ($54k) and Credo Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 45% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.