Amador Friends of Music

Analysis

Amador Friends of Music is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Amador Friends of Music reported income of $668k and spending of $737k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $569k to $668k (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 207%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amador Friends of Music sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Honolulu Symphony Foundation Inc ($668k), United Way of Union County Inc ($670k) and United Way of Hood County Inc ($668k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.8% of the total. At year end it held assets of $181k against liabilities of $88, net assets of $180k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.