LA Comida Guild

Analysis

LA Comida Guild is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in October 1971, 55 years ago. 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, LA Comida Guild reported income of $106k and spending of $114k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $118k to $106k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 376%. 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, LA Comida Guild sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Sam E Woods Scholarship Fund ($106k), The Jack B Parker Foundation ($106k) and Waxahachie Symphony Association Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.