U S a International Harp Competition Inc

Analysis

U S a International Harp Competition Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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, U S a International Harp Competition Inc reported income of $134k and spending of $89k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $177k to $134k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, U S a International Harp Competition Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within IN. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($134k), Lawson State Community College Foundation Inc ($134k) and Medical Staff of Prince Georges General Hospital and Medical Cente ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $156k against liabilities of $5,374, net assets of $151k.