Innerrhythms Inc

Analysis

Innerrhythms Inc is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in August 2004, 22 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 September 2023, Innerrhythms Inc reported income of $127k and spending of $116k, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $172k to $127k (-26%), an average of -7.3% a year. The sharpest change came in the year to September 2023, when income rose by 1738%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Innerrhythms Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Non Plus Ultra ($127k), Little Theatre of Owatonna Inc ($127k) and Odessa Symphony Guild ($127k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.3% and program service revenue 95% of the total. At year end it held assets of $58k against liabilities of $25k, net assets of $33k.