Vibe Show Choir Supporters

Analysis

Vibe Show Choir Supporters is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Vibe Show Choir Supporters reported income of $128k and spending of $95k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $128k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vibe Show Choir Supporters sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Friends of the Marshalltown Iowa Public Library Inc ($128k), Boston Blockchain Association Inc ($128k) and I V C Band Boosters ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $76k against liabilities of $1,845, net assets of $75k.