Pasadena Community Access Corp

Analysis

Pasadena Community Access Corp is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 1986, 40 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Pasadena Community Access Corp reported income of $1.4m and spending of $1.5m, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $955k to $1.4m (+42%), an average of +7.3% a year. The sharpest change came in the year to June 2020, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pasadena Community Access Corp sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Valley Youth Theatre ($1.4m), Bluefield Arts and Revitalization Corporation ($1.4m) and Dorset Theatre Festival ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $112k (7.3% of expenses). Other salaries and wages came to $554k. At year end it held assets of $1.3m against liabilities of $509k, net assets of $804k. It reported 14 employees.