Tesoro Choral Boosters

Analysis

Tesoro Choral Boosters is a registered charity in United States, based in Rcho Sta Marg, CA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Tesoro Choral Boosters reported income of $165k and spending of $191k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $356k to $165k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tesoro Choral Boosters sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Fidalgo Island Rotary Foundation ($165k), Geneva Library Foundation ($165k) and Parker Viking Athletic Booster Club Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.