Des Moines Choral Society

Analysis

Des Moines Choral Society is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in April 1982, 44 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, Des Moines Choral Society reported income of $92k and spending of $76k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $146k to $92k (-37%), an average of -37% a year. The sharpest change came in the year to June 2024, when income dropped by 37%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Des Moines Choral Society 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 35th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include Potter Volunteer Fire Dept Inc ($92k), Little League Baseball Inc ($92k) and Helping Our Pupils Excel NH Inc ($92k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 27% of the total. At year end it held assets of $186k against liabilities of $802, net assets of $185k.