California Insurance Professionals

Analysis

California Insurance Professionals is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, California Insurance Professionals reported income of $84k and spending of $83k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $84k (-9.5%), an average of -9.5% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Insurance Professionals sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include PTA Florida Congress ($84k), Greeneville Greene County History Museum Inc the Museum ($84k) and Chebeague Island Council ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.