LA Jolla Christmas Parade & Holiday Festival Foundation

Analysis

LA Jolla Christmas Parade & Holiday Festival Foundation is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in June 2012, 14 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 (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, LA Jolla Christmas Parade & Holiday Festival Foundation reported income of $123k and spending of $133k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $123k (+15%), an average of +15% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, LA Jolla Christmas Parade & Holiday Festival Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include River Cats Foundation ($123k), Blackbird Philanthropy Advisors ($123k) and Lionheart Charities Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,374 against liabilities of $0, net assets of $7,374.