Northern California Latvian Assn

Analysis

Northern California Latvian Assn is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1993, 33 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 December 2023, Northern California Latvian Assn reported income of $89k and spending of $58k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $89k (+702%), an average of +702% a year. The sharpest change came in the year to December 2023, when income rose by 702%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern California Latvian Assn sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Lamar Community Betterment Council Inc ($89k), Effingham County Cultural Center and Museum Association Inc NFP ($89k) and Oak Cliff Coalition for the Arts ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 9.3% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.