Girls Choral Academy

Analysis

Girls Choral Academy is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in January 1998, 28 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, Girls Choral Academy reported income of $308k and spending of $299k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $266k to $308k (+16%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Girls Choral Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Cinema Tropical Inc ($308k), Sedona Historical Society Inc ($308k) and Phoenix Theatre Ensemble Inc ($308k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $89k (30% of expenses). Other salaries and wages came to $79k. At year end it held assets of $190k against liabilities of $0, net assets of $190k. It reported 8 employees.