Spokane Area Childrens Chorus

Analysis

Spokane Area Childrens Chorus is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in May 1989, 37 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, Spokane Area Childrens Chorus reported income of $232k and spending of $163k, leaving 30% of income unspent that year. Across the 3 years on record, from June 2021 to June 2024, income grew from $114k to $232k (+104%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spokane Area Childrens Chorus sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include South Bay Deutscher Schulverein ($232k), Sullivan County Agricultural Society ($232k) and Distinguished Lecturer Series Foundation Inc ($232k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $77k (47% of expenses). Other salaries and wages came to $18k. At year end it held assets of $603k against liabilities of $14k, net assets of $589k. It reported 7 employees.