Raleigh Youth Choir
EIN: 561169215 · Raleigh, NC
| Metric | Value |
|---|---|
| Total Revenue | $240K |
| Total Expenses | $192K |
| Net Assets | $382K |
Is Raleigh Youth Choir Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Raleigh Youth Choir
Raleigh Youth Choir (EIN: 561169215) is a nonprofit organization based in Raleigh, NC. The organization reported total revenue of $240K and total assets of $426K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raleigh Youth Choir's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raleigh Youth Choir is a small nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $185K |
| Total Expenses | $192K |
| Surplus / Deficit | $-6,895 |
| Total Assets | $400K |
| Total Liabilities | $19K |
| Net Assets | $382K |
| Operating Margin | -3.7% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 25.1 months |
Financial Health Grade: B
In 2024, Raleigh Youth Choir reported a deficit of $7K with expenses exceeding revenue, holds 25.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Raleigh Youth Choir's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -27.6% | -45.6% | +11.2% |
| 2023 | +83.4% | -34.8% | -10.6% |
| 2022 | +221.7% | +260.1% | -22.5% |
| 2021 | -67.9% | +12.8% | +63.6% |
| 2020 | -19.4% | -3.8% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Raleigh Youth Choir has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Raleigh Youth Choir with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.6%.
Frequently Asked Questions about Raleigh Youth Choir
Is Raleigh Youth Choir a legitimate charity?
Raleigh Youth Choir (EIN: 561169215) is a registered tax-exempt nonprofit based in North Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $240K. No red flags identified. Financial health grade: B.
How does Raleigh Youth Choir spend its money?
Raleigh Youth Choir reported $240K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Raleigh Youth Choir tax-deductible?
Raleigh Youth Choir is registered as a tax-exempt nonprofit (EIN: 561169215). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Raleigh Youth Choir located?
Raleigh Youth Choir is headquartered in Raleigh, North Carolina and files with the IRS under EIN 561169215.
How many years of IRS 990 filings does Raleigh Youth Choir have?
Raleigh Youth Choir has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $240K in total revenue.
Filing History
IRS 990 filing history for Raleigh Youth Choir showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Raleigh Youth Choir's revenue has declined by 13.4%, moving from $214K to $185K. Total assets increased by 38% over the same period, from $290K to $400K. Total functional expenses fell by 2.8%, from $197K to $192K. In its most recent filing year (2024), Raleigh Youth Choir reported a deficit of $7K, with expenses exceeding revenue. The organization holds $19K in liabilities against $400K in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $382K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $185K | $192K | $400K | $19K | — | — |
| 2023 | $255K | $353K | $360K | $35K | — | View 990 |
| 2022 | $139K | $541K | $403K | $354 | — | View 990 |
| 2021 | $43K | $150K | $520K | $2K | — | View 990 |
| 2020 | $135K | $133K | $318K | $153K | — | View 990 |
| 2019 | $167K | $138K | $317K | $153K | — | View 990 |
| 2018 | $182K | $167K | $301K | $165K | — | View 990 |
| 2017 | $182K | $168K | $285K | $166K | — | View 990 |
| 2016 | $253K | $252K | $277K | $172K | — | View 990 |
| 2015 | $155K | $163K | $288K | $183K | — | View 990 |
| 2014 | $174K | $159K | $296K | $182K | — | View 990 |
| 2013 | $156K | $151K | $304K | $206K | — | View 990 |
| 2012 | $139K | $132K | $293K | $201K | — | View 990 |
| 2011 | $214K | $197K | $290K | $203K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $185K, expenses of $192K, and assets of $400K (revenue -27.6% year-over-year).
- 2023: Revenue of $255K, expenses of $353K, and assets of $360K (revenue +83.4% year-over-year).
- 2022: Revenue of $139K, expenses of $541K, and assets of $403K (revenue +221.7% year-over-year).
- 2021: Revenue of $43K, expenses of $150K, and assets of $520K (revenue -67.9% year-over-year).
- 2020: Revenue of $135K, expenses of $133K, and assets of $318K (revenue -19.4% year-over-year).
- 2019: Revenue of $167K, expenses of $138K, and assets of $317K (revenue -8.2% year-over-year).
- 2018: Revenue of $182K, expenses of $167K, and assets of $301K (revenue +0.4% year-over-year).
- 2017: Revenue of $182K, expenses of $168K, and assets of $285K (revenue -28.4% year-over-year).
- 2016: Revenue of $253K, expenses of $252K, and assets of $277K (revenue +63.8% year-over-year).
- 2015: Revenue of $155K, expenses of $163K, and assets of $288K (revenue -10.9% year-over-year).
- 2014: Revenue of $174K, expenses of $159K, and assets of $296K (revenue +11.2% year-over-year).
- 2013: Revenue of $156K, expenses of $151K, and assets of $304K (revenue +12.8% year-over-year).
- 2012: Revenue of $139K, expenses of $132K, and assets of $293K (revenue -35.1% year-over-year).
- 2011: Revenue of $214K, expenses of $197K, and assets of $290K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raleigh Youth Choir:
Data Sources and Methodology
This transparency report for Raleigh Youth Choir is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.