Los Angeles Drama Club Inc

Analysis

Los Angeles Drama Club Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Los Angeles Drama Club Inc reported income of $68k and spending of $117k, spending 172% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $68k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Los Angeles Drama Club Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Cooper McCoy Inc ($68k), Belgrade Community Coalition ($68k) and Bluff City Athletic Club NFP ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $1,110 against liabilities of $0, net assets of $1,110.