Canoga Park Improvement Association

Analysis

Canoga Park Improvement Association is a registered charity in United States, based in Canoga Park, CA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Canoga Park Improvement Association reported income of $299k and spending of $227k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $299k (+15%), an average of +3.6% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Canoga Park Improvement Association sits at the 59th percentile: it is larger than about 59% 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 Taylorville Main Street Inc ($299k), Medtech and Biotech Veterans Program Inc ($299k) and Elizabeth River Trail Foundation ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $57k (25% of expenses). Other salaries and wages came to $61k. At year end it held assets of $65k against liabilities of $0, net assets of $65k. It reported 6 employees.