Cherry Creek Chorale Inc

Analysis

Cherry Creek Chorale Inc is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in May 1986, 40 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, Cherry Creek Chorale Inc reported income of $145k and spending of $128k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $131k to $145k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cherry Creek Chorale 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 46th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Independent Living Inc ($145k), The Nassau Academy of Law ($145k) and Delran Soccer Club Inc ($145k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 28% of the total. At year end it held assets of $87k against liabilities of $1,012, net assets of $86k.