LA Canada Flintridge Tournament of Roses Association

Analysis

LA Canada Flintridge Tournament of Roses Association is a registered charity in United States, based in LA Canada FLT, CA. It received its IRS tax-exemption ruling in October 1978, 48 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 January 2024, LA Canada Flintridge Tournament of Roses Association reported income of $90k and spending of $164k, spending 181% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $132k to $90k (-31%), an average of -9.0% a year. The sharpest change came in the year to January 2022, when income rose by 47%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Canada Flintridge Tournament of Roses Association sits at the 34th percentile: it is larger than about 34% 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 San Diego Unified School District Community Service Association ($90k), Here to Serve Others a NJ Nonprofit Corporation ($90k) and Gila County Historical Society Inc ($90k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $168k against liabilities of $48, net assets of $168k.