Gold Youth Arts Organization Inc

Analysis

Gold Youth Arts Organization Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in February 2013, 13 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 August 2022, Gold Youth Arts Organization Inc reported income of $725k and spending of $769k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to August 2022, income fell from $820k to $725k (-12%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 228%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gold Youth Arts Organization Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include E S C a P E ($725k), US National Ski Hall of Fame and Museum Inc ($726k) and Carpe Artista ($725k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $214k. At year end it held assets of $627k against liabilities of $542k, net assets of $85k. It reported 41 employees.