Elan Youth Arts

Analysis

Elan Youth Arts is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in November 2015, 11 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 December 2023, Elan Youth Arts reported income of $185k and spending of $169k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $185k (+250%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 551%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elan Youth Arts sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include San Antonio Youth Literacy ($185k), Womens Symphony League Inc ($185k) and Bunker Hill Associates ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 76% of the total. At year end it held assets of $58k against liabilities of $5,012, net assets of $53k. It reported 23 employees.