Mission Peak Chamber Singers Inc

Analysis

Mission Peak Chamber Singers Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in July 2014, 12 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 July 2024, Mission Peak Chamber Singers Inc reported income of $62k and spending of $82k, spending 133% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $114k to $62k (-46%), an average of -46% a year. The sharpest change came in the year to July 2024, when income dropped by 46%. 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, Mission Peak Chamber Singers Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Manchester Performing Arts Association ($62k), Burrell Township Library ($62k) and Guru Shradha ($62k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 60% and program service revenue 19% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.