Olympia Youth Chorus

Analysis

Olympia Youth Chorus is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in May 2001, 25 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, Olympia Youth Chorus reported income of $80k and spending of $80k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $64k to $80k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Olympia Youth Chorus sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within WA. Charities of a similar size with the same main cause include Santa Clara Parade of Champions ($80k), Japanese American Citizens League ($80k) and Hawthorne Players ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 73% of the total. At year end it held assets of $46k against liabilities of $41k, net assets of $5,074.