Chanson Inc

Analysis

Chanson Inc is a registered charity in United States, based in Denham SPGS, LA. It received its IRS tax-exemption ruling in October 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chanson Inc reported income of $86k and spending of $94k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $86k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chanson Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within LA. Charities of a similar size with the same main cause include CMC Leverage Lender Inc ($86k), Science Clubs International Inc ($86k) and Poetry Promise Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 3.5% of the total. At year end it held assets of $146k against liabilities of $186, net assets of $146k.