5280 Plus Senior Chorales

Analysis

5280 Plus Senior Chorales is a registered charity in United States, based in Castle Pines, CO. It received its IRS tax-exemption ruling in January 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 5280 Plus Senior Chorales reported income of $88k and spending of $83k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $88k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 5280 Plus Senior Chorales sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within CO. Charities of a similar size with the same main cause include Townsend Historical Society Inc ($88k), Tamil Sangam of Greater Washington Inc ($88k) and Chicago Community Chorus ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.