Oakland Interfaith Gospel Choir Inc

Analysis

Oakland Interfaith Gospel Choir Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 June 2023, Oakland Interfaith Gospel Choir Inc reported income of $854k and spending of $1.0m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $623k to $854k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 196%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oakland Interfaith Gospel Choir Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Camelot Theatre Company ($854k), Lead Guitar ($854k) and Old Town Playhouse Inc ($854k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $199k (19% of expenses). Other salaries and wages came to $450k. It paid $6,698 in professional fundraising fees. At year end it held assets of $553k against liabilities of $529k, net assets of $24k. It reported 9 employees.