Society for Preservation & Encourmt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encourmt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in May 1946, 80 years ago. 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 December 2023, Society for Preservation & Encourmt of Barbershop Quartet Singing Amer reported income of $62k and spending of $77k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $62k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Preservation & Encourmt of Barbershop Quartet Singing Amer sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within TN. Charities of a similar size with the same main cause include Bnai Brith International ($62k), Hevin ($62k) and Illinois Congress of Parents Teachers ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 64% of the total. At year end it held assets of $125k against liabilities of $1,510, net assets of $124k.