Cedar Rapids Choral Association

Analysis

Cedar Rapids Choral Association is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in March 1977, 49 years ago. 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, Cedar Rapids Choral Association reported income of $89k and spending of $72k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $79k to $89k (+13%), an average of +13% a year. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedar Rapids Choral Association sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include Jefferson Township Rescue Squad Inc ($89k), Cape Blanco Heritage Society Inc ($89k) and Italian American Professional & Executive Association Inc ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $128k against liabilities of $1,464, net assets of $126k.