Southern California Karate Kids Association

Analysis

Southern California Karate Kids Association is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Karate Kids Association reported income of $52k and spending of $69k, spending 133% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $33k to $52k (+58%), an average of +58% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 128% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern California Karate Kids Association sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Virginia Baseball Coaches Association ($52k), Midlothian Miners Wrestling Inc ($52k) and NBN Sports Academy Inc ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.