East Texas Youth Orchestra Inc

Analysis

East Texas Youth Orchestra Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in April 1983, 43 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 May 2024, East Texas Youth Orchestra Inc reported income of $75k and spending of $84k, spending 113% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $76k to $75k (-2.4%), an average of -2.4% a year. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East Texas Youth Orchestra Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Academy of Underwater Arts and Sciences ($75k), The Dance Rave Team Inc ($75k) and Information Clearinghouse for Chinese Gays and Lesbians ($74k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $38k against liabilities of $3, net assets of $38k.