San Fernando Valley Symphony Inc

Analysis

San Fernando Valley Symphony Inc is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in April 1986, 40 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 August 2023, San Fernando Valley Symphony Inc reported income of $62k and spending of $62k, spending 100% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $46k to $62k (+36%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 55%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Fernando Valley Symphony Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include The Foundation for Developmental Medicine Inc ($62k), Becky David Parent Teacher Organization ($63k) and Soccer Assoc for Youth ($62k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (80% of expenses). At year end it held assets of $10k against liabilities of $0, net assets of $10k.