Chico Art Center

Analysis

Chico Art Center is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in May 1994, 32 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 June 2023, Chico Art Center reported income of $123k and spending of $104k, spending 85% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $139k to $123k (-11%), an average of -11% a year. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chico Art Center sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include A Special Wish Foundation ($123k), Central Ohio Chapter Autism Society of America ($123k) and Paisano Educational Trust ($123k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 37% of the total. At year end it held assets of $166k against liabilities of $3,322, net assets of $163k.