The Michael O Neal Singers Inc

Analysis

The Michael O Neal Singers Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in February 1990, 36 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 2023, The Michael O Neal Singers Inc reported income of $291k and spending of $255k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $288k to $291k (+1.1%), an average of +0.3% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Michael O Neal Singers Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Longfellow Key ($291k), Balletrox Inc ($291k) and Little League Baseball Inc ($291k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $115k (45% of expenses). Other salaries and wages came to $36k. At year end it held assets of $220k against liabilities of $7,685, net assets of $213k. It reported 5 employees.