Cantabile Singers Inc

Analysis

Cantabile Singers Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in September 1983, 43 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, Cantabile Singers Inc reported income of $57k and spending of $48k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $45k to $57k (+28%), an average of +28% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cantabile Singers Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Arrowhead Senior Citizen Center Inc ($57k), St Mark American Coptic Youth Association Inc ($57k) and Tahoma Schools Foundation ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 16% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.