Society for Preservation & Encourmt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encourmt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Downers Grove, 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 & Encourmt of Barbershop Quartet Singing Amer reported income of $58k and spending of $43k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $58k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 75% 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 & Encourmt of Barbershop Quartet Singing Amer sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include SS American Memorial Foundation ($58k), Payne County Child Welfare Advisory Committee Inc ($58k) and United Township Foundation ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 0.2% of the total. At year end it held assets of $246k against liabilities of $0, net assets of $246k.