Charleston Symphony Orchestra League Inc

Analysis

Charleston Symphony Orchestra League Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Charleston Symphony Orchestra League Inc reported income of $221k and spending of $200k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $231k to $221k (-4.1%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charleston Symphony Orchestra League Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 61st percentile within SC. Charities of a similar size with the same main cause include Southwestern Medical Clinic Foundation ($221k), Exit 30 Collective Inc ($221k) and Seward County United Fund ($221k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $95k against liabilities of $11k, net assets of $84k.