Wonderful World Friends of Music Therapy Inc

Analysis

Wonderful World Friends of Music Therapy Inc is a registered charity in United States, based in Langhorne, PA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wonderful World Friends of Music Therapy Inc reported income of $171k and spending of $176k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $171k (+3.0%), an average of +3.0% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wonderful World Friends of Music Therapy Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Wawatam Area Senior Citizens ($171k), St Joseph Conference of the Society of St Vincent de Paul Inc ($171k) and Lions District 22w Foundation ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9,494 against liabilities of $0, net assets of $9,494.