Tar River Choral and Orchestral Society Inc

Analysis

Tar River Choral and Orchestral Society Inc is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in June 1987, 39 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 June 2024, Tar River Choral and Orchestral Society Inc reported income of $320k and spending of $279k, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $285k to $320k (+12%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tar River Choral and Orchestral Society Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Osmania University Medical Alumni Association of America Inc ($320k), Napa Valley Art Association ($320k) and Catholic Worldview Fellowship ($320k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 27% of the total. Other salaries and wages came to $34k. At year end it held assets of $996k against liabilities of $1,793, net assets of $994k. It reported 1 employees.