Los Angeles Breakfast Club Foundation

Analysis

Los Angeles Breakfast Club Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1971, 55 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Los Angeles Breakfast Club Foundation reported income of $96k and spending of $88k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $96k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 343%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Breakfast Club Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Friends of the Ihp ($96k), Walpole Scholarship Foundation Inc ($96k) and Little League Baseball Inc ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $683k against liabilities of $0, net assets of $683k.