Lakeshore Community Chorus

Analysis

Lakeshore Community Chorus is a registered charity in United States, based in Douglas, MI. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Lakeshore Community Chorus reported income of $54k and spending of $50k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $12k to $54k (+354%), an average of +354% a year. The sharpest change came in the year to June 2024, when income rose by 354%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lakeshore Community Chorus sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include Telugu Association of Kentuckiana ($54k), Historic Waynesborough ($54k) and Pinecrest City Music Project Inc ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 36% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.