Reston Chorale

Analysis

Reston Chorale is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Reston Chorale reported income of $122k and spending of $155k, spending 126% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $115k to $122k (+6.8%), an average of +6.8% a year. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reston Chorale sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Wxna ($122k), Seattle Childrens Hospital ($122k) and Servant S Heart Corporation ($122k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 34% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.