Civic Chorale of Greater Miami Inc

Analysis

Civic Chorale of Greater Miami Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 1985, 41 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, Civic Chorale of Greater Miami Inc reported income of $99k and spending of $75k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $43k to $99k (+131%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Civic Chorale of Greater Miami Inc 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 40th percentile within FL. Charities of a similar size with the same main cause include Lighthouse Fellowship Church ($99k), Mississippi Junior Colleges Economic Development Foundation in ($99k) and Susan Howards Novato Boxing Club ($99k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $46k (61% of expenses). At year end it held assets of $268k against liabilities of $0, net assets of $268k.