Chicago Gay Mens Chorus

Analysis

Chicago Gay Mens Chorus is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1983, 43 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 2023, Chicago Gay Mens Chorus reported income of $350k and spending of $376k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $351k to $350k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Gay Mens Chorus sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Paralyzed Veterans of America ($350k), Spokane Arts Fund ($350k) and Upson Rockhaven Inc ($350k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 68% of the total. Other salaries and wages came to $122k. At year end it held assets of $160k against liabilities of $13k, net assets of $146k. It reported 2 employees.