The Toccoa Orchestra Guild

Analysis

The Toccoa Orchestra Guild is a registered charity in United States, based in Toccoa, GA. It received its IRS tax-exemption ruling in October 1982, 44 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 July 2024, The Toccoa Orchestra Guild reported income of $100k and spending of $70k, leaving 30% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $13k to $100k (+639%), an average of +49% a year. The sharpest change came in the year to July 2022, when income rose by 210%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Toccoa Orchestra Guild sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Annie Sue Kelly Humphrey Memorial Trust % First National Bank ($100k), Ohio Association of Student Leaders ($100k) and The Waljok Foundation ($100k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $151k against liabilities of -$176, net assets of $151k.