Arts, Culture & Humanities
(A6B)
990 on File
HERITAGE CHOIR INC
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$146K
Total Revenue
$120K
Total Expenses
$239K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.7%
Fundraising Efficiency
35.5%
Operating Reserve
23.89x
Liability-to-Asset
4.8%
Revenue Diversification
65.7%
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.7% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.9% | 14.1% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.4% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
35.5% | 28.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
23.9 mo | 9.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.8% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
65.7% | 79.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
36.4% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.0% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.8% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $146K | $120K | $239K | 81.7% | 0 |
| 2023 | $107K | $110K | $213K | 78.2% | 0 |
| 2022 | $98K | $97K | $216K | 85.8% | 0 |
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