Three Treasures Cultural Arts Society Inc

Analysis

Three Treasures Cultural Arts Society Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Three Treasures Cultural Arts Society Inc reported income of $921k and spending of $901k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $835k to $921k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Three Treasures Cultural Arts Society Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($920k), Apple Seeds Inc ($921k) and Girls Place Inc ($920k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $47k (5.2% of expenses). Other salaries and wages came to $234k. At year end it held assets of $185k against liabilities of $35k, net assets of $150k. It reported 18 employees.