Gleh Los Angeles Corporation

Analysis

Gleh Los Angeles Corporation is a registered charity in United States, based in Hollywood, CA. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Gleh Los Angeles Corporation reported income of $1.7m and spending of $68k, leaving 96% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $29k to $1.7m (+5943%), an average of +5943% a year. The sharpest change came in the year to June 2023, when income rose by 5943%. Over the whole period it spent 26% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gleh Los Angeles Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Serenity Seniors Home Inc ($1.7m), East Tennessee Housing Development Corporation ($1.7m) and Sarahs Place Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.