Los Angeles Cedars Foundation

Analysis

Los Angeles Cedars Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Los Angeles Cedars Foundation reported income of $81k and spending of $107k, spending 132% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $276k to $81k (-71%), an average of -34% a year. The sharpest change came in the year to December 2021, when income dropped by 83%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Los Angeles Cedars Foundation sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Minority Health Alliance of Howard County ($81k), Main Street Vero Beach Inc ($81k) and A Lighted Path Houston ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.