Master Chorale of Fargo-Moorhead

Analysis

Master Chorale of Fargo-Moorhead is a registered charity in United States, based in Moorhead, MN. It received its IRS tax-exemption ruling in August 1989, 37 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, Master Chorale of Fargo-Moorhead reported income of $57k and spending of $55k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $42k to $57k (+36%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Master Chorale of Fargo-Moorhead sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Serving Ministers of Christ ($57k), California Federation of Womens Clubs ($57k) and Society of Mayflower Descendants in Michigan ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 63% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.