Friends of Temple City Schools Performing Arts Inc

Analysis

Friends of Temple City Schools Performing Arts Inc is a registered charity in United States, based in Temple City, CA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Friends of Temple City Schools Performing Arts Inc reported income of $117k and spending of $101k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $53k to $117k (+121%), an average of +121% a year. The sharpest change came in the year to June 2024, when income rose by 121%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Temple City Schools Performing Arts Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Chicago Maritime Arts Center ($117k), Association of Literacy Educators and Researchers ($117k) and Haitis Childrens Hope Organization ($117k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.2% and program service revenue 80% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.