St Charles Singers

Analysis

St Charles Singers is a registered charity in United States, based in St Charles, IL. It received its IRS tax-exemption ruling in January 1989, 37 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 August 2023, St Charles Singers reported income of $354k and spending of $405k, spending 114% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $277k to $354k (+28%), an average of +6.3% a year. The sharpest change came in the year to August 2022, when income rose by 111%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Charles Singers 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 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Westport Historical Society Inc ($354k), Volunteers of America Inc ($354k) and Community Prevention Resources of Warren County Inc ($354k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 89% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $57k (14% of expenses). Other salaries and wages came to $3,191. At year end it held assets of $51k against liabilities of $1,041, net assets of $50k. It reported 2 employees.