Pasadena Vocal Competition

Analysis

Pasadena Vocal Competition is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Pasadena Vocal Competition reported income of $65k and spending of $58k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $65k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pasadena Vocal Competition 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 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Philippine Community Center Inc ($65k), Hartford Family Foundation Inc ($65k) and Peoria Area Roofers Joint Apprenticeship & Training Fund ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.