Catamaran Literary Reader

Analysis

Catamaran Literary Reader is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in September 2013, 13 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, Catamaran Literary Reader reported income of $225k and spending of $219k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $225k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Catamaran Literary Reader sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Historic Stanley Home Foundation ($225k), Racing Magpie ($225k) and Texas Bicycle Coalition Education Fund ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $84k (38% of expenses). At year end it held assets of -$14k against liabilities of -$874, net assets of -$13k. It reported 1 employees.