Launch Productions Inc

Analysis

Launch Productions Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Launch Productions Inc reported income of $186k and spending of $158k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $186k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Launch Productions Inc 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 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Manitou Springs Historical Society ($186k), Bais Medrash Lmorim ($186k) and Venture Lititz ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.