Oakland Youth Orchestras Inc

Analysis

Oakland Youth Orchestras Inc is a registered charity in United States, based in Rochester, MI. It received its IRS tax-exemption ruling in November 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 June 2024, Oakland Youth Orchestras Inc reported income of $264k and spending of $208k, leaving 21% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $206k to $264k (+28%), an average of +5.1% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oakland Youth Orchestras Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include North American Maritime Ministry Association ($264k), Food Pantry Inc ($264k) and New Creation Baptist Church ($264k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 62% of the total. Other salaries and wages came to $98k. At year end it held assets of $231k against liabilities of $33k, net assets of $199k. It reported 7 employees.