Harvard-Radcliffe Orchestra Inc Pierian Sodality of 1808

Analysis

Harvard-Radcliffe Orchestra Inc Pierian Sodality of 1808 is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in May 1976, 50 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 July 2023, Harvard-Radcliffe Orchestra Inc Pierian Sodality of 1808 reported income of $67k and spending of $107k, spending 159% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $153k to $67k (-56%), an average of -56% a year. The sharpest change came in the year to July 2023, when income dropped by 56%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harvard-Radcliffe Orchestra Inc Pierian Sodality of 1808 sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($67k), Westmoreland County Museum and Library Inc ($67k) and Historic Lyme Village Association ($67k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $20k against liabilities of $2,069, net assets of $18k.