Long Beach Local

Analysis

Long Beach Local is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Long Beach Local reported income of $158k and spending of $164k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $158k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Long Beach Local sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Helping Hand Center Inc ($158k), Southwest Florida Gwi Housing Inc ($158k) and Southlake Chapter National Charity League Inc ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $22k against liabilities of $3,034, net assets of $19k.