Free Arts for Abused Children

Analysis

Free Arts for Abused Children is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1978, 48 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, Free Arts for Abused Children reported income of $607k and spending of $701k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $796k to $607k (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Free Arts for Abused Children sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Kannada Koota of Northern ($607k), Grand County Blues Society ($607k) and Madison County Historical Society ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $84k (12% of expenses). Other salaries and wages came to $85k. At year end it held assets of $512k against liabilities of $39k, net assets of $473k. It reported 5 employees.