Federal Way Chorale

Analysis

Federal Way Chorale is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in July 1995, 31 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 June 2024, Federal Way Chorale reported income of $69k and spending of $65k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $78k to $69k (-11%), an average of -11% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Federal Way Chorale sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WA. Charities of a similar size with the same main cause include Gadsden-Pacific Division Toy Train Operating Museum Ltd ($69k), Tribe of Heart Ltd ($69k) and Dong Fang Chinese Performing Artsassociation ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 49% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.