California Tow Truck Association Foundation Inc

Analysis

California Tow Truck Association Foundation Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, California Tow Truck Association Foundation Inc reported income of $191k and spending of $47k, leaving 75% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $34k to $191k (+456%), an average of +54% a year. The sharpest change came in the year to March 2022, when income dropped by 107%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Tow Truck Association Foundation Inc 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 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Powell Christian School ($191k), New Legacy Charter School Qalicb ($191k) and Oj Anderson Scholarship Foundation ($191k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 79% and program service revenue 22% of the total. At year end it held assets of $802k against liabilities of $506k, net assets of $297k.