German-American Club Gesangverein Inc

Analysis

German-American Club Gesangverein Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, German-American Club Gesangverein Inc reported income of $572k and spending of $492k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $572k (+125%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 475%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, German-American Club Gesangverein Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Christian Youth Theater San Antonio ($572k), Pasadena Historical Society Inc ($572k) and The American Friends of the Moderna Museet Inc ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. At year end it held assets of $667k against liabilities of $0, net assets of $667k.