Brevard Symphony Youth Orchestra Association Inc

Analysis

Brevard Symphony Youth Orchestra Association Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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, Brevard Symphony Youth Orchestra Association Inc reported income of $94k and spending of $89k, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $70k to $94k (+34%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brevard Symphony Youth Orchestra Association Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Fuller Center for Housing Inc ($94k), Boys Club of Fullerton Endowment Fund ($94k) and Meals on Wheels of Greater Hazleton ($94k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.