Fort Smith Chorale Association Incorporated

Analysis

Fort Smith Chorale Association Incorporated is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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 June 2024, Fort Smith Chorale Association Incorporated reported income of $55k and spending of $43k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $41k to $55k (+32%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Smith Chorale Association Incorporated sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AR. Charities of a similar size with the same main cause include Fort Smith Boys Club Alumni Association Inc ($55k), Road Runners Club of America ($55k) and PTA California Congress of Parents Teachers & Students Inc ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 21% of the total. At year end it held assets of $167k against liabilities of $90, net assets of $167k.