Amplifi Dba Imagine Los Angeles Inc and Imagine LA

Analysis

Amplifi Dba Imagine Los Angeles Inc and Imagine LA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Amplifi Dba Imagine Los Angeles Inc and Imagine LA reported income of $2.8m and spending of $3.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.8m (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amplifi Dba Imagine Los Angeles Inc and Imagine LA sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Clothes to Kids Inc ($2.8m), PNC Inc ($2.8m) and Fields Comprehensive Youth Services Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $371k (12% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.2m against liabilities of $593k, net assets of $1.6m. It reported 37 employees.