San Diego Woodturners Incorporated

Analysis

San Diego Woodturners Incorporated is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2003, 23 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 December 2023, San Diego Woodturners Incorporated reported income of $87k and spending of $51k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $87k (-12%), an average of -12% a year. Over the whole period it spent 52% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Diego Woodturners Incorporated sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Gujarati Samaj of Greater Cleveland ($87k), Southern California Burma-Chinese Association Inc ($87k) and Lumedia Musicworks Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 28% of the total. At year end it held assets of $391k against liabilities of $0, net assets of $391k.