City Hearts Kids Say Yes to the Arts L a Fringe Theatre Inc

Analysis

City Hearts Kids Say Yes to the Arts L a Fringe Theatre Inc is a registered charity in United States, based in Harbor City, CA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, City Hearts Kids Say Yes to the Arts L a Fringe Theatre Inc reported income of $323k and spending of $353k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $323k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, City Hearts Kids Say Yes to the Arts L a Fringe Theatre Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include You Matter 2 ($323k), Boy Scouts of America ($323k) and Kingswood Youth Center ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (26% of expenses). Other salaries and wages came to $123k. At year end it held assets of $249k against liabilities of $439, net assets of $249k. It reported 23 employees.