Diocesan Investment Trust of the Diocese of Los Angeles

Analysis

Diocesan Investment Trust of the Diocese of Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1951, 75 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Diocesan Investment Trust of the Diocese of Los Angeles reported income of $177k and spending of $178k, spending 101% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $331k to $177k (-46%), an average of -14% a year. The sharpest change came in the year to October 2021, when income rose by 434%. Over the whole period it spent 41% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Diocesan Investment Trust of the Diocese of Los Angeles sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Israel Media Ministries Inc ($177k), 99 Plus 1 ($177k) and Milwaukee Innercity Congregations Allied for Hope Inc ($177k).

At year end it held assets of $46.4m against liabilities of $3.1m, net assets of $43.2m.