New Philharmonic Orchestra of Irving Inc

Analysis

New Philharmonic Orchestra of Irving Inc is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in September 1988, 38 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, New Philharmonic Orchestra of Irving Inc reported income of $82k and spending of $68k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $68k to $82k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Philharmonic Orchestra of Irving Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Roxann J Scott ($82k), PTA California Congress of Parents Teachers & Students Inc ($82k) and Higher Education Consortium for Special Education ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 10% of the total. At year end it held assets of $90k against liabilities of $10k, net assets of $80k.