Emerald Bay Association

Analysis

Emerald Bay Association is a registered charity in United States, based in Venice, CA. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Emerald Bay Association reported income of $55k and spending of $58k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $55k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Emerald Bay Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include PTA New York Congress ($55k), Parents Association of Riley Avenue Inc ($55k) and Armenian Home Foundation ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $420k against liabilities of $0, net assets of $420k.