Gold Coast Concert Chorus Inc

Analysis

Gold Coast Concert Chorus Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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 2024, Gold Coast Concert Chorus Inc reported income of $72k and spending of $40k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $32k to $72k (+126%), an average of +126% a year. The sharpest change came in the year to June 2024, when income rose by 126%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gold Coast Concert Chorus Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Denis V Cooper Foundation Inc ($72k), PTA Florida Congress ($72k) and Rogue Valley Genealogical Society ($72k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 7.4% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.