Kalamazoo Choral Arts Inc

Analysis

Kalamazoo Choral Arts Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in December 1978, 48 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 June 2024, Kalamazoo Choral Arts Inc reported income of $200k and spending of $162k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $149k to $200k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kalamazoo Choral Arts Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Serra International Foundation ($200k), Machis Lower Creek Indian Tribe of Alabama ($200k) and The Whit Program Inc ($200k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 13% of the total. Other salaries and wages came to $98k. At year end it held assets of $180k against liabilities of $102k, net assets of $77k.