Cal Tri Events

Analysis

Cal Tri Events is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Cal Tri Events reported income of $663k and spending of $596k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $458k to $663k (+45%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cal Tri Events sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Olmsted Network Inc ($663k), Northwestern Stable Inc ($663k) and Seattle Select Baseball Club ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $67k (11% of expenses). At year end it held assets of $269k against liabilities of $5,500, net assets of $264k.