Golden Gate Boys Choir

Analysis

Golden Gate Boys Choir is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 1994, 32 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 December 2023, Golden Gate Boys Choir reported income of $264k and spending of $241k, spending 91% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $44k to $264k (+499%), an average of +145% a year. The sharpest change came in the year to December 2023, when income rose by 357%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golden Gate Boys Choir sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Renewal Ministries ($264k), Sarasota Music Conservatory Inc ($264k) and Pasacat Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $26k (11% of expenses). Other salaries and wages came to $234. At year end it held assets of $78k against liabilities of $18k, net assets of $61k. It reported 2 employees.