The Frederick Childrens Chorus Inc

Analysis

The Frederick Childrens Chorus Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, The Frederick Childrens Chorus Inc reported income of $227k and spending of $185k, spending 81% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $146k to $227k (+55%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Frederick Childrens Chorus Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Harford Ballet Company Inc ($226k), Lawton Community Theatre Inc ($227k) and Brunswick Instrumental Music Boosters Inc ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.