Dearborn Orchestral Society Endowment Fund Inc

Analysis

Dearborn Orchestral Society Endowment Fund Inc is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in July 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Dearborn Orchestral Society Endowment Fund Inc reported income of $82k and spending of $66k, spending 81% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $99k to $82k (-18%), an average of -4.7% a year. The sharpest change came in the year to May 2023, when income rose by 3391%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dearborn Orchestral Society Endowment Fund Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Nurture Hope ($82k), American Society of Heating Refrigerating & A-C Engineers ($82k) and Thrift Shop United Church Women of Carbondale Il ($82k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 23% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.