Rackham Symphony Choir

Analysis

Rackham Symphony Choir is a registered charity in United States, based in Grosse Pointe, MI. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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 2023, Rackham Symphony Choir reported income of $84k and spending of $57k, leaving 33% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $68k to $84k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rackham Symphony Choir sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Or Yosef Foundation ($84k), Oak Tree Apartments Inc ($84k) and Realtors Charitable Foundation ($84k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $7,710, net assets of $153k.