Beach Cities Symphony Association

Analysis

Beach Cities Symphony Association is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in January 1970, 56 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, Beach Cities Symphony Association reported income of $64k and spending of $60k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $17k to $64k (+269%), an average of +269% a year. The sharpest change came in the year to June 2024, when income rose by 269%. Over the whole period it spent 142% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beach Cities Symphony Association sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($64k), National Security Forum of Northern Nevada Inc ($64k) and Father Joseph Network USA Inc ($64k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.