Larger Than Life - LA Family

Analysis

Larger Than Life - LA Family is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Larger Than Life - LA Family reported income of $414k and spending of $299k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $615k to $414k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2022, when income rose by 182%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Larger Than Life - LA Family sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Sarim Burney Welfare Trust International Inc ($413k), Greater Columbus Sister Cities International Inc ($414k) and Global Solidarity Fund ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $28k. At year end it held assets of $445k against liabilities of $31k, net assets of $414k. It reported 1 employees.