Inland Choral Music Education Inc
Analysis
Inland Choral Music Education Inc is a registered charity in United States, based in Highland, CA. It received its IRS tax-exemption ruling in April 1982, 44 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, Inland Choral Music Education Inc reported income of $98k and spending of $84k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $85k to $98k (+16%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inland Choral Music Education Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include North American Folk Music and Dance Alliance Inc ($98k), Music Teachers National Association Inc ($98k) and Blue Ridge Numismatic Assn Inc Term ($98k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $59k against liabilities of $680, net assets of $58k.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 44%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North American Folk Music and Dance Alliance Inc | Philadelphia | $98k |
| Music Teachers National Association Inc | Austin | $98k |
| Blue Ridge Numismatic Assn Inc Term | Monroe | $98k |
| Living Vine Apostolic Faith Church Inc | Philadelphia | $98k |