Peoria Area Civic Chorale

Analysis

Peoria Area Civic Chorale is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in February 1984, 42 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 July 2024, Peoria Area Civic Chorale reported income of $171k and spending of $159k, spending 93% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $116k to $171k (+47%), an average of +21% a year. The sharpest change came in the year to July 2023, when income rose by 22%. 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, Peoria Area Civic Chorale 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 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include League for Yiddish Inc ($171k), Hispanic American Police Command Officers Association ($171k) and Vineyard 2nd Generation ($171k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 55% and program service revenue 26% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.