Perris Valley Filipino-American Association Inc

Analysis

Perris Valley Filipino-American Association Inc is a registered charity in United States, based in Perris, CA. It received its IRS tax-exemption ruling in February 2019, 7 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, Perris Valley Filipino-American Association Inc reported income of $182k and spending of $167k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $182k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Perris Valley Filipino-American Association Inc sits at the 57th percentile: it is larger than about 57% 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 Tiger Strikes Asteroid ($182k), Seneca Museum of Waterways and Industry Inc ($182k) and Gold Coast Neighbors Association ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $113k against liabilities of $85k, net assets of $28k.