Youth Orchestras of Palm Beach County Inc

Analysis

Youth Orchestras of Palm Beach County Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in November 1994, 32 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 July 2024, Youth Orchestras of Palm Beach County Inc reported income of $150k and spending of $160k, spending 107% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $176k to $150k (-15%), an average of -15% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Orchestras of Palm Beach County Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Little Theatre of Tuscarawas County Inc ($150k), Jewish Community Center Sonoma County ($150k) and Health Elements Association Corp ($150k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 16% and program service revenue 7.2% of the total. At year end it held assets of $96k against liabilities of $83k, net assets of $12k.