LA Jolla Community Center

Analysis

LA Jolla Community Center is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in May 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, LA Jolla Community Center reported income of $348k and spending of $378k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $325k to $348k (+6.8%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Jolla Community Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Dandelion House ($347k), Regional Engagement Center ($348k) and Northeast Organic Farming Association of New Hampshire ($347k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $85k (22% of expenses). Other salaries and wages came to $44k. At year end it held assets of $1.4m against liabilities of $13k, net assets of $1.4m.