Vallejo Symphony Association

Analysis

Vallejo Symphony Association is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in June 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vallejo Symphony Association reported income of $359k and spending of $292k, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $290k to $359k (+24%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 176%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vallejo Symphony Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include First Richland-Morrow Housing Inc II ($359k), Volunteers of America Inc ($359k) and Oregon City Swim Team ($359k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Other salaries and wages came to $103k. At year end it held assets of $394k against liabilities of -$748, net assets of $394k.