Symphonic Chorale of Southwest Florida Inc

Analysis

Symphonic Chorale of Southwest Florida Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in October 2011, 15 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 June 2023, Symphonic Chorale of Southwest Florida Inc reported income of $176k and spending of $112k, leaving 36% of income unspent that year. Across the 2 years on record, from June 2021 to June 2023, income grew from $66k to $176k (+169%), an average of +169% a year. The sharpest change came in the year to June 2023, when income rose by 169%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Symphonic Chorale of Southwest Florida Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Bombazo Dance Co ($176k), Delphi Opera House ($176k) and Community Radio Partners ($176k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.