The Charlotte Chorale Inc

Analysis

The Charlotte Chorale Inc is a registered charity in United States, based in Pt Charlotte, FL. It received its IRS tax-exemption ruling in May 1991, 35 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 May 2024, The Charlotte Chorale Inc reported income of $74k and spending of $64k, spending 87% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $82k to $74k (-10%), an average of -10% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Charlotte Chorale Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Brother Wolf Foundation ($74k), Kiwanis Club of Bowling Green Foundation Inc ($74k) and Rainbow of Hope Texas ($74k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 27% and program service revenue 67% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.