Portland Symphonic Choir

Analysis

Portland Symphonic Choir is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in December 1948, 78 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 2023, Portland Symphonic Choir reported income of $117k and spending of $129k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $148k to $117k (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portland Symphonic Choir sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OR. Charities of a similar size with the same main cause include PTA Nevada Congress ($117k), Morning Star Ministries of the North Penn Area Inc ($117k) and Little League Baseball Inc ($117k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $43k (34% of expenses). It paid $7,200 in professional fundraising fees. At year end it held assets of $156k against liabilities of $1,735, net assets of $155k. It reported 1 employees.