Los Angeles Charitable Association Incorporated

Analysis

Los Angeles Charitable Association Incorporated is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Los Angeles Charitable Association Incorporated reported income of $95k and spending of $72k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $95k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Los Angeles Charitable Association Incorporated sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Vinfen Corporation of Larchmont Inc ($95k), Bedford Rotary Foundation Inc ($95k) and Nancy B Buck Charitable Supporting Foundation Trust 07 06 94 ($94k).

At year end it held assets of $107k against liabilities of $11k, net assets of $95k.