Paradise Art Center

Analysis

Paradise Art Center is a registered charity in United States, based in Paradise, CA. It received its IRS tax-exemption ruling in May 1967, 59 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 September 2023, Paradise Art Center reported income of $84k and spending of $62k, leaving 26% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $121k to $84k (-31%), an average of -30% a year. The sharpest change came in the year to September 2023, when income dropped by 31%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paradise Art Center sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Historic Mount St Marys Preservation Committee ($84k), John Adams Parent and Faculty All- Stars Inc ($84k) and Harvey Society Inc Mem Sloan Ketgn Ctr ($84k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $263k against liabilities of $19k, net assets of $244k.