Eugene Concert Choir Inc

Analysis

Eugene Concert Choir Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in September 1978, 48 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, Eugene Concert Choir Inc reported income of $616k and spending of $726k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $387k to $616k (+59%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eugene Concert Choir Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OR. Charities of a similar size with the same main cause include Clearwater Community Sailing Association Inc ($615k), United States of America Wrestling Association of Kansas Inc ($616k) and Oakdale Saddle Club 1 Mile E of Po ($615k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $59k (8.1% of expenses). Other salaries and wages came to $206k. At year end it held assets of $385k against liabilities of $212k, net assets of $173k. It reported 72 employees.