Gay Mens Chorus of Los Angeles

Analysis

Gay Mens Chorus of Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1990, 36 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 August 2023, Gay Mens Chorus of Los Angeles reported income of $1.8m and spending of $1.5m, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.9m to $1.8m (-7.0%), an average of -1.8% a year. The sharpest change came in the year to August 2022, when income rose by 58%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gay Mens Chorus of Los Angeles 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 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Clinton Association for a Renewed Environment Inc ($1.8m), The Mustard Seed Inc ($1.8m) and Oldways Preservation & Exchange Trust Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $140k (9.2% of expenses). Other salaries and wages came to $328k. At year end it held assets of $1.7m against liabilities of $69k, net assets of $1.6m. It reported 10 employees.