Yale Alumni Chorus Foundation Inc

Analysis

Yale Alumni Chorus Foundation Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in July 2003, 23 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 December 2023, Yale Alumni Chorus Foundation Inc reported income of $565k and spending of $433k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $940k to $565k (-40%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yale Alumni Chorus Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Art Museum of Greater Lafayette Inc ($565k), Belvidere Foundation ($565k) and Westmoreland Symphony Orchestra ($565k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $56k (13% of expenses). At year end it held assets of $2.0m against liabilities of $9,989, net assets of $2.0m. It reported 1 employees.