LA Canada High School Music Parents

Analysis

LA Canada High School Music Parents is a registered charity in United States, based in LA Canada, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, LA Canada High School Music Parents reported income of $305k and spending of $258k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $380k to $305k (-20%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 20%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Canada High School Music Parents sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($305k), Holy Tabernacle of God Church ($305k) and Friends of the Maui County Library ($305k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 24% of the total. At year end it held assets of $158k against liabilities of $15k, net assets of $143k.