South Pasadena Tournament of Roses Association

Analysis

South Pasadena Tournament of Roses Association is a registered charity in United States, based in S Pasadena, CA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, South Pasadena Tournament of Roses Association reported income of $205k and spending of $179k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $209k to $205k (-2.2%), an average of -2.2% a year. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Pasadena Tournament of Roses Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Junior League of Atlanta Endowment Fund ($205k), A Greater Good Foundation ($205k) and Community Wellness Council ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $230k against liabilities of $0, net assets of $230k.