The Oratorio Society of Virginia

Analysis

The Oratorio Society of Virginia is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in May 1967, 59 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 2024, The Oratorio Society of Virginia reported income of $288k and spending of $219k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $167k to $288k (+72%), an average of +72% a year. The sharpest change came in the year to June 2024, when income rose by 72%. Over the whole period it spent 83% 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 Oratorio Society of Virginia sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Yaa Samar Dance Theater ($288k), Pioneer Winter Collective Inc ($288k) and Astronomical League ($288k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $75k (34% of expenses). At year end it held assets of $303k against liabilities of $723, net assets of $302k. It reported 2 employees.