Coachella Valley Repertory

Analysis

Coachella Valley Repertory is a registered charity in United States, based in Cathedral City, CA. It received its IRS tax-exemption ruling in March 1996, 30 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, Coachella Valley Repertory reported income of $2.0m and spending of $2.3m, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.0m to $2.0m (+3.1%), an average of +0.6% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coachella Valley Repertory sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Greater Pittsburgh Convention and Visitors Bureau Education ($2.0m), Congressional Progressive Caucus Center ($2.0m) and Babylon Central Fire Alarm and Resc Alarm Corporation ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $176k (7.7% of expenses). Other salaries and wages came to $723k. At year end it held assets of $4.2m against liabilities of $1.8m, net assets of $2.4m. It reported 74 employees.