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 Tacoma, WA. 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 $176k and spending of $168k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $176k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 82% 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 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Human Service Agency Foundation ($176k), Cause Collective ($176k) and Church Women United ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 63% of the total. At year end it held assets of $817k against liabilities of $0, net assets of $817k.