Chester River Chorale

Analysis

Chester River Chorale is a registered charity in United States, based in Chestertown, MD. It received its IRS tax-exemption ruling in February 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Chester River Chorale reported income of $108k and spending of $82k, leaving 24% of income unspent that year. Across the 3 years on record, from August 2022 to May 2024, income grew from $36k to $108k (+197%), an average of +72% a year. The sharpest change came in the year to May 2023, when income rose by 127%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chester River Chorale sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within MD. Charities of a similar size with the same main cause include 934 Inc ($108k), Fountain City Brass Band Inc ($108k) and Starry Night Theatre Inc ($108k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 69% and program service revenue 18% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.