Westlake Choir Parents Inc

Analysis

Westlake Choir Parents Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 1987, 39 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 June 2023, Westlake Choir Parents Inc reported income of $211k and spending of $222k, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $207k to $211k (+2.0%), an average of +0.7% a year. The sharpest change came in the year to June 2022, when income rose by 3372%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Westlake Choir Parents Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Bristow Historical Society Inc ($211k), Denver Municipal Band ($211k) and Friends of Hearthstone Inc ($211k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $95k against liabilities of $64k, net assets of $31k.

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.