San Francisco Boys Chorus

Analysis

San Francisco Boys Chorus is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1951, 75 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, San Francisco Boys Chorus reported income of $1.2m and spending of $1.3m, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $1.2m (+11%), an average of +2.7% a year. The sharpest change came in the year to August 2021, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Francisco Boys Chorus sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Presbyterian Samaritan Counseling Center ($1.2m), Center for Non Profit Legal Services ($1.2m) and St Andrews Residential Programs for Youth ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $72k (5.6% of expenses). Other salaries and wages came to $240k. It paid $42k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $404k, net assets of $1.3m. It reported 27 employees.