Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 1946, 80 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 December 2023, Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer reported income of $118k and spending of $153k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $414k to $118k (-72%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 78%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Gifts - Rwanda ($118k), East Lansing Educational Foundation ($118k) and Tbdbitl Alumni Club ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 57% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.