Rochester Parents of Music Students

Analysis

Rochester Parents of Music Students is a registered charity in United States, based in Rochester HLS, MI. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Rochester Parents of Music Students reported income of $139k and spending of $113k, spending 81% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $92k to $139k (+51%), an average of +23% a year. The sharpest change came in the year to May 2023, when income rose by 24%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rochester Parents of Music Students sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Family Resources for Education & Empowerment Inc ($139k), Friends of Indian River County Library Inc ($139k) and Link Educational Group ($139k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 1.2% and program service revenue 68% of the total. At year end it held assets of $97k against liabilities of $14k, net assets of $83k.