Variety the Childrens Charity of Southern California Tent 25

Analysis

Variety the Childrens Charity of Southern California Tent 25 is a registered charity in United States, based in Stevenson Ranch, CA. It received its IRS tax-exemption ruling in September 1946, 80 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, Variety the Childrens Charity of Southern California Tent 25 reported income of $991k and spending of $733k, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.4m to $991k (-29%), an average of -8.2% a year. The sharpest change came in the year to September 2020, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Variety the Childrens Charity of Southern California Tent 25 sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Human Rights Defense Center ($991k), Red River Council on the Aging Inc ($992k) and Community Child Care Center Inc ($991k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $125k (17% of expenses). Other salaries and wages came to $84k. At year end it held assets of $2.4m against liabilities of $277k, net assets of $2.1m. It reported 2 employees.