Todos Santos Business Association Arts Foundation Inc

Analysis

Todos Santos Business Association Arts Foundation Inc is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Todos Santos Business Association Arts Foundation Inc reported income of $429k and spending of $261k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $201k to $429k (+114%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Todos Santos Business Association Arts Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include East Brooklyn Churches Sponsoring Committee ($429k), Denver Community Development Corporation ($430k) and Innovate Work Lab Inc ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $225k against liabilities of $6,456, net assets of $218k.