Susquehanna Symphony Orchestra Inc

Analysis

Susquehanna Symphony Orchestra Inc is a registered charity in United States, based in Abingdon, MD. It received its IRS tax-exemption ruling in August 1986, 40 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, Susquehanna Symphony Orchestra Inc reported income of $104k and spending of $83k, leaving 20% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $65k to $104k (+59%), an average of +59% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Susquehanna Symphony Orchestra Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Friendship Community Place ($104k), International Christian Ministries Inc ($104k) and Dublin Chamber Civic Foundation ($104k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $150k against liabilities of $176, net assets of $150k.