Choral Arts Ensemble of Portland

Analysis

Choral Arts Ensemble of Portland is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 1975, 51 years ago. 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 May 2024, Choral Arts Ensemble of Portland reported income of $73k and spending of $78k, spending 107% of what it took in. Across the 3 years on record, from May 2022 to May 2024, income grew from $46k to $73k (+57%), an average of +26% a year. The sharpest change came in the year to May 2023, when income rose by 55%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Choral Arts Ensemble of Portland sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within OR. Charities of a similar size with the same main cause include LA Crosse Youth Symphony Society Inc ($73k), Tosa Community Food Pantry Inc ($73k) and PTA Pennsylvania Congress ($73k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 45% and program service revenue 37% of the total. At year end it held assets of $85k against liabilities of $3,369, net assets of $82k.