The Epoch Times Media Group Los Angeles

Analysis

The Epoch Times Media Group Los Angeles is a registered charity in United States, based in El Monte, CA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, The Epoch Times Media Group Los Angeles reported income of $13.2m and spending of $13.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $13.2m (+523%), an average of +58% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Epoch Times Media Group Los Angeles sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Arizona Aerospace Foundation Inc ($13.1m), Utah Heritage and Arts Foundation Inc ($13.2m) and Molina Family Foundation ($13.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. At year end it held assets of $2.9m against liabilities of $2.3m, net assets of $506k. It reported 131 employees.