Young Professionals Choral Collective

Analysis

Young Professionals Choral Collective is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 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 June 2023, Young Professionals Choral Collective reported income of $163k and spending of $191k, spending 117% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $188k to $163k (-13%), an average of -13% a year. Over the whole period it spent 100% 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 Professionals Choral Collective 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 50th percentile within OH. Charities of a similar size with the same main cause include Encore Theatrical Arts Project Inc a New Corp ($163k), Nusantara Arts Inc ($163k) and Placer Theatre Ballet ($163k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 43% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.