California Association of Long Term Care Medicine

Analysis

California Association of Long Term Care Medicine is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in July 1979, 47 years ago. 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, California Association of Long Term Care Medicine reported income of $499k and spending of $502k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $445k to $499k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 311%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Association of Long Term Care Medicine sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include PTA Florida Congress ($499k), Mont Alto Volunteer Fire Company Fund Drive ($499k) and March to the Polls ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (21% of expenses). At year end it held assets of $173k against liabilities of $0, net assets of $173k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.