LCHS Choral Parents Association

Analysis

LCHS Choral Parents Association is a registered charity in United States, based in LA Canada FLT, CA. It received its IRS tax-exemption ruling in May 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, LCHS Choral Parents Association reported income of $400k and spending of $457k, spending 114% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $60k to $400k (+565%), an average of +61% a year. The sharpest change came in the year to July 2022, when income rose by 486%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, LCHS Choral Parents Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Lowell Art Association ($400k), Smart North ($400k) and European American Musical Alliance Inc ($400k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $69k against liabilities of $1,273, net assets of $67k.