Compassionate Artists

Analysis

Compassionate Artists is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 2016, 10 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 May 2023, Compassionate Artists reported income of $52k and spending of $49k, spending 93% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $17k to $52k (+204%), an average of +204% a year. The sharpest change came in the year to May 2023, when income rose by 204%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Compassionate Artists sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Syn Shop ($52k), Cultural Society of Filipino-Americans ($52k) and New Orleans Photo Alliance Inc ($52k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.