The Colleagues Helpers in Philantropic Service

Analysis

The Colleagues Helpers in Philantropic Service is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, The Colleagues Helpers in Philantropic Service reported income of $178k and spending of $171k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $106k to $178k (+68%), an average of +68% a year. The sharpest change came in the year to June 2024, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Colleagues Helpers in Philantropic Service sits at the 46th percentile: it is larger than about 46% 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 Awali Inc ($178k), Wickham Park Senior Center Assoc Inc ($178k) and Sudbury Community Food Pantry ($178k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.