Southern California Streets Initiative

Analysis

Southern California Streets Initiative is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2011, 15 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 June 2023, Southern California Streets Initiative reported income of $383k and spending of $421k, spending 110% of what it took in. Across the 6 years on record, from June 2017 to June 2023, income grew from $329k to $383k (+16%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income dropped by 32%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern California Streets Initiative sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include McPherson Museum and Arts Foundation ($383k), Robert Oneal Multicultural Arts Center ($383k) and Shakertown Revisited Inc ($383k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $265k. At year end it held assets of $70k against liabilities of $0, net assets of $70k.