Hawaii Youth Opera Chorus

Analysis

Hawaii Youth Opera Chorus is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in December 1969, 57 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 2022, Hawaii Youth Opera Chorus reported income of $202k and spending of $264k, spending 130% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $268k to $202k (-24%), an average of -8.9% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hawaii Youth Opera Chorus sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within HI. Charities of a similar size with the same main cause include Les Dames D Escoffier of Washington DC ($202k), South Jones High School Band Parent Association ($202k) and Hawaii Leeward Planning Conference ($202k).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $83k (31% of expenses). Other salaries and wages came to $72k. It paid $9,000 in professional fundraising fees. At year end it held assets of $131k against liabilities of $16k, net assets of $115k. It reported 13 employees.