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 Bloomington, 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 $110k and spending of $80k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $39k to $110k (+182%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 154%. 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 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Webster Groves Historical Society ($110k), Elliot Park Neighborhood Inc ($110k) and Palatine High Pirate Booster Club ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 38% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.