San Diego Folk Heritage

Analysis

San Diego Folk Heritage is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 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, San Diego Folk Heritage reported income of $54k and spending of $55k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $54k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Diego Folk Heritage sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include North Bend Community Theater ($54k), Pinecrest City Music Project Inc ($54k) and San Francisco International Boogie Woogie Festival ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.