Lawrence Childrens Choir Inc

Analysis

Lawrence Childrens Choir Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in January 1996, 30 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, Lawrence Childrens Choir Inc reported income of $131k and spending of $147k, spending 112% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $216k to $131k (-40%), an average of -9.6% a year. The sharpest change came in the year to July 2022, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lawrence Childrens Choir Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within KS. Charities of a similar size with the same main cause include Friends of the St Augustine Amphitheatre Inc ($131k), Fort Monroe Foundation ($131k) and History in Action Inc ($131k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 46% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $75k (51% of expenses). Other salaries and wages came to $17k. At year end it held assets of $337k against liabilities of $43k, net assets of $294k. It reported 8 employees.