Luren Singing Society
Analysis
Luren Singing Society is a registered charity in United States, based in Decorah, IA. It received its IRS tax-exemption ruling in June 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2024, Luren Singing Society reported income of $104k and spending of $43k, leaving 59% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $56k to $104k (+88%), an average of +88% a year. The sharpest change came in the year to August 2024, when income rose by 88%. Over the whole period it spent 50% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Luren Singing Society sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include First Street Gallery Inc ($104k), Filipino American Council of Chicago ($104k) and Halestone Foundation ($104k).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 12% and program service revenue 6.5% of the total. At year end it held assets of $562k against liabilities of $0, net assets of $562k.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 6.5%
- Other 82%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| First Street Gallery Inc | New York | $104k |
| Filipino American Council of Chicago | Chicago | $104k |
| Halestone Foundation | Lexington | $104k |
| Our Steps Inc | New York | $104k |