30th and West Live Work Community Arts Center Inc

Analysis

30th and West Live Work Community Arts Center Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, 30th and West Live Work Community Arts Center Inc reported income of $159k and spending of $160k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $542k to $159k (-71%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 30th and West Live Work Community Arts Center Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Burbank Accessible Apartments Corporation ($159k), Encinitas Preservation Association ($159k) and Spurwink Realty Development Corporation ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. At year end it held assets of $287k against liabilities of $50k, net assets of $237k.