Rainier Youth Choirs

Analysis

Rainier Youth Choirs is a registered charity in United States, based in Covington, WA. It received its IRS tax-exemption ruling in December 2018, 8 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 2024, Rainier Youth Choirs reported income of $163k and spending of $178k, spending 109% of what it took in. Across the 4 years on record, from June 2019 to June 2024, income grew from $121k to $163k (+35%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rainier Youth Choirs sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Lyric Opera of Orange County ($163k), We Happy Few ($163k) and Celebrate African Treasures Inc ($163k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.