Friends of Short Avenue

Analysis

Friends of Short Avenue is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1993, 33 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, Friends of Short Avenue reported income of $313k and spending of $377k, spending 120% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $191k to $313k (+64%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Short Avenue sits at the 61st percentile: it is larger than about 61% 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 Niibi Center ($313k), Cedc Incorporated ($313k) and Community Nursery School Inc ($313k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.