The Pasadena Community Orchestra Foundation

Analysis

The Pasadena Community Orchestra Foundation is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in April 1984, 42 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 June 2024, The Pasadena Community Orchestra Foundation reported income of $120k and spending of $62k, leaving 48% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $48k to $120k (+151%), an average of +151% a year. The sharpest change came in the year to June 2024, when income rose by 151%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Pasadena Community Orchestra Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include 350deschutes ($120k), New Hartford Land Conservation Trust Inc ($120k) and Thief River Falls Community Arts Council ($120k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.