Young Womens Choral Projects

Analysis

Young Womens Choral Projects is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 2012, 14 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 (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, Young Womens Choral Projects reported income of $804k and spending of $832k, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $835k to $804k (-3.7%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Young Womens Choral Projects sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Great Northern Winter Festival ($804k), SLB Radio Productions Inc ($804k) and Sailing Ships Maine ($804k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $109k (13% of expenses). Other salaries and wages came to $274k. At year end it held assets of $357k against liabilities of $12k, net assets of $345k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.