California Anime Foundation

Analysis

California Anime Foundation is a registered charity in United States, based in Granada Hills, CA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, California Anime Foundation reported income of $1.8m and spending of $1.5m, spending 83% of its income. Across the 4 years on record, from December 2021 to February 2024, income grew from $345k to $1.8m (+420%), an average of +73% a year. The sharpest change came in the year to February 2023, when income rose by 336%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, California Anime Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Cabrillo Music Theatre Inc ($1.8m), Applied Economics Clinic ($1.8m) and Perkins Center for the Arts ($1.8m).

On its Form 990 for the period ending February 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $298k against liabilities of $0, net assets of $298k.