Studio City Beautification Assoc

Analysis

Studio City Beautification Assoc is a registered charity in United States, based in Studio City, CA. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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, Studio City Beautification Assoc reported income of $78k and spending of $76k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $78k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Studio City Beautification Assoc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include National Coalition of 100 Black Women Inc-Central Mississippi CHPT ($78k), Little League Baseball Inc ($78k) and String Orchestra of the Rockies Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.