Mountain Empire Childrens Choral Academy

Analysis

Mountain Empire Childrens Choral Academy is a registered charity in United States, based in Bristol, TN. It received its IRS tax-exemption ruling in April 1988, 38 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 June 2024, Mountain Empire Childrens Choral Academy reported income of $120k and spending of $102k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $84k to $120k (+44%), an average of +44% a year. The sharpest change came in the year to June 2024, when income rose by 44%. 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, Mountain Empire Childrens Choral Academy sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within TN. Charities of a similar size with the same main cause include Holy Trinity Episcopal Foundation Inc ($120k), Alliance for the Development of Theatre Artists Inc ($120k) and Springport Free Library ($120k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 37% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.