Literary Women the Long Beach Festival of Authors

Analysis

Literary Women the Long Beach Festival of Authors is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in October 1981, 45 years ago. 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 March 2024, Literary Women the Long Beach Festival of Authors reported income of $172k and spending of $146k, spending 85% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $133k to $172k (+29%), an average of +29% a year. The sharpest change came in the year to March 2024, when income rose by 29%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Literary Women the Long Beach Festival of Authors sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Atascosa Hospital Association ($172k), The Community School Inc ($172k) and North American Regional Science Council Inc ($172k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 40% and program service revenue 57% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.