Tibetan Association of Northern California

Analysis

Tibetan Association of Northern California is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in May 2021, 5 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tibetan Association of Northern California reported income of $469k and spending of $450k, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $552k to $469k (-15%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tibetan Association of Northern California sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Northern Manhattan Arts Alliance ($468k), Heritage Works ($469k) and Siudy Flamenco Dance Theatre Inc ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. At year end it held assets of $2.1m against liabilities of $258k, net assets of $1.9m.