Symphony League Endowment Fund

Analysis

Symphony League Endowment Fund is a registered charity in United States, based in Camden, SC. It received its IRS tax-exemption ruling in April 1982, 44 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 (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, Symphony League Endowment Fund reported income of $75k and spending of $26k, leaving 65% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $9,417 to $75k (+696%), an average of +696% a year. The sharpest change came in the year to June 2024, when income rose by 696%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Symphony League Endowment Fund sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within SC. Charities of a similar size with the same main cause include Story City Historical Society ($75k), Ashland Youth Ballet Inc ($75k) and Brazos Chamber Orchestra ($75k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.8% of the total. At year end it held assets of $448k against liabilities of $0, net assets of $448k.