Georgetown Community Chorale

Analysis

Georgetown Community Chorale is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1990, 36 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, Georgetown Community Chorale reported income of $121k and spending of $123k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $92k to $121k (+32%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgetown Community Chorale sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 22nd percentile within DC. Charities of a similar size with the same main cause include The Los Angeles Branch of the International Dyslexia Association ($121k), Deephaven Elementary PTA ($121k) and Friends of the Cumberland County Public Library Inc ($121k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $53k against liabilities of $2,239, net assets of $51k.