Charleston Mens Chorus Inc

Analysis

Charleston Mens Chorus Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Charleston Mens Chorus Inc reported income of $82k and spending of $74k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $69k to $82k (+19%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charleston Mens Chorus Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 38th percentile within SC. Charities of a similar size with the same main cause include South Whidbey at Home ($82k), Callahan House Association ($82k) and Danville-Boyle County Senior Citizens Property Corporation ($82k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 43% of the total. At year end it held assets of $192k against liabilities of $9,421, net assets of $182k.