Los Angeles Childrens Chorus

Analysis

Los Angeles Childrens Chorus is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 July 2023, Los Angeles Childrens Chorus reported income of $2.7m and spending of $2.6m, spending 94% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.7m to $2.7m (+62%), an average of +13% a year. The sharpest change came in the year to July 2023, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Angeles Childrens Chorus sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Auricle Communications ($2.7m), The Studios of Key West Inc ($2.7m) and Salt Lake Film Society ($2.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $156k (6.1% of expenses). Other salaries and wages came to $870k. At year end it held assets of $1.1m against liabilities of $244k, net assets of $873k. It reported 49 employees.