Frederick Regional Youth Orchestra Inc

Analysis

Frederick Regional Youth Orchestra Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in May 1979, 47 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 August 2024, Frederick Regional Youth Orchestra Inc reported income of $66k and spending of $79k, spending 119% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income grew from $57k to $66k (+15%), an average of +7.0% a year. The sharpest change came in the year to August 2023, when income rose by 47%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Frederick Regional Youth Orchestra Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Birthright of Walnut Creek ($66k), American Inns of Court Foundation ($66k) and Sun Yat SEN Chinese Institute Inc ($66k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 29% and program service revenue 69% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.