Waconia Choir Boosters

Analysis

Waconia Choir Boosters is a registered charity in United States, based in Waconia, MN. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Waconia Choir Boosters reported income of $155k and spending of $125k, spending 80% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $158k to $155k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to May 2021, when income dropped by 102%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waconia Choir Boosters sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include TFCC America ($155k), Forward Macon Inc ($155k) and Kimberley L Martin Foundation Inc ($155k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 20% and program service revenue 59% of the total. At year end it held assets of $195k against liabilities of $250, net assets of $195k.