Fort Bend Boys Choir of Texas Inc

Analysis

Fort Bend Boys Choir of Texas Inc is a registered charity in United States, based in Stafford, TX. It received its IRS tax-exemption ruling in March 1983, 43 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 July 2023, Fort Bend Boys Choir of Texas Inc reported income of $265k and spending of $260k, spending 98% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $253k to $265k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to July 2022, when income rose by 51%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Bend Boys Choir of Texas Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include An Lac Temple ($265k), Love Bought International ($265k) and Claverack Free Library and Reading Room Assoc Inc ($265k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $44k (17% of expenses). At year end it held assets of $19k against liabilities of $8,796, net assets of $9,863. It reported 1 employees.