Saecula Choir Foundation Inc

Analysis

Saecula Choir Foundation Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in August 2016, 10 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 December 2023, Saecula Choir Foundation Inc reported income of $55k and spending of $58k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $30k to $55k (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saecula Choir Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include Chamber Music Corvallis Inc ($55k), Aashirvad Inc ($55k) and Municipal Opera Company of Allentown Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $20k. At year end it held assets of $504k against liabilities of $78k, net assets of $426k. It reported 1 employees.

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.