Classical Tahoe

Analysis

Classical Tahoe is a registered charity in United States, based in Incline VLG, NV. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, Classical Tahoe reported income of $2.3m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.3m to $2.3m (+78%), an average of +16% a year. The sharpest change came in the year to October 2021, when income rose by 78%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Classical Tahoe sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NV. Charities of a similar size with the same main cause include Appetite for Change Inc ($2.3m), Gifford Youth Achievement Center Inc ($2.3m) and Christian Services Inc ($2.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 69% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $149k (6.5% of expenses). Other salaries and wages came to $249k. At year end it held assets of $386k against liabilities of $26k, net assets of $359k. It reported 6 employees.