G K Chesterton Theatre Company

Analysis

G K Chesterton Theatre Company is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, G K Chesterton Theatre Company reported income of $54k and spending of $72k, spending 132% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $40k to $54k (+37%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, G K Chesterton Theatre Company sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Opera Modo Inc ($54k), Aligarh Alumni Association of Texas ($54k) and New York Opera Society Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.