Nova Vista Symphony Association Inc

Analysis

Nova Vista Symphony Association Inc is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in December 1979, 47 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 2024, Nova Vista Symphony Association Inc reported income of $66k and spending of $76k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $102k to $66k (-35%), an average of -35% a year. The sharpest change came in the year to June 2024, when income dropped by 35%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nova Vista Symphony Association Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Cathedral Foundation and Community Services Inc ($66k), Greene Community Services Inc ($66k) and Virginia Congress of Parents and Teachers ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 26% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.