Community Asian Theatre of the Sierra

Analysis

Community Asian Theatre of the Sierra is a registered charity in United States, based in Grass Valley, CA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Community Asian Theatre of the Sierra reported income of $110k and spending of $112k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $140k to $110k (-21%), an average of -21% a year. The sharpest change came in the year to June 2024, when income dropped by 21%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Asian Theatre of the Sierra sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Rita Tranberg Foundation Inc ($110k), Kalamazoo Community Foundation Charitable Trust ($110k) and Walnut Community Center Foundation Inc ($110k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 68% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.