Carlsbad-Oceanside Art League

Analysis

Carlsbad-Oceanside Art League is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in November 1979, 47 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, Carlsbad-Oceanside Art League reported income of $97k and spending of $58k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $97k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carlsbad-Oceanside Art League sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Association for Tropical Biology Inc ($97k), Las Animas Housing Development Co ($97k) and Montesano Food Bank ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 48% of the total. At year end it held assets of $88k against liabilities of $1,908, net assets of $86k.