Crescenta Valley Instrumental Music Foundation

Analysis

Crescenta Valley Instrumental Music Foundation is a registered charity in United States, based in LA Crescenta, CA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Crescenta Valley Instrumental Music Foundation reported income of $246k and spending of $227k, spending 92% of its income. Across the 3 years on record, from June 2020 to June 2024, income grew from $185k to $246k (+33%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crescenta Valley Instrumental Music Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Warren East High School Boosters Inc ($246k), Clay County Livestock Committee ($246k) and The Decision Education Foundation ($246k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.