Wilmington Childrens Chorus Inc

Analysis

Wilmington Childrens Chorus Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in July 2020, 6 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 June 2023, Wilmington Childrens Chorus Inc reported income of $345k and spending of $401k, spending 116% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $416k to $345k (-17%), an average of -8.9% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wilmington Childrens Chorus Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within DE. Charities of a similar size with the same main cause include Burnaway Inc ($345k), Coupeville Arts Center ($345k) and Allied Arts of Whatcom County ($345k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). Other salaries and wages came to $155k. At year end it held assets of $502k against liabilities of $27k, net assets of $475k. It reported 5 employees.