South Bay Chamber Music Society Inc

Analysis

South Bay Chamber Music Society Inc is a registered charity in United States, based in PLS VRDS PNSL, CA. It received its IRS tax-exemption ruling in June 1965, 61 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, South Bay Chamber Music Society Inc reported income of $172k and spending of $56k, leaving 67% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $60k to $172k (+186%), an average of +186% a year. The sharpest change came in the year to June 2024, when income rose by 186%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Bay Chamber Music Society Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Laurel Senior Citizens Center ($172k), Cetana Educational Foundation Inc ($172k) and The Vacaville Quarterback Club Inc ($172k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.