Wilshire Community Services

Analysis

Wilshire Community Services is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2007, 19 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 June 2023, Wilshire Community Services reported income of $1.5m and spending of $1.9m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $945k to $1.5m (+63%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 131% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wilshire Community Services 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 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Area V Agency on Aging ($1.5m), Milton Family Community Center Inc ($1.5m) and Anns Heart ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $445k against liabilities of $3.4m, net assets of -$3.0m. It reported 23 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.