The Los Angeles Sports Walk of Fame Sports Walk to the Waterfront FDN

Analysis

The Los Angeles Sports Walk of Fame Sports Walk to the Waterfront FDN is a registered charity in United States, based in RCH Palos VRD, CA. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Los Angeles Sports Walk of Fame Sports Walk to the Waterfront FDN reported income of $69k and spending of $52k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $814 to $69k (+8414%), an average of +8414% a year. The sharpest change came in the year to December 2023, when income rose by 8414%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Los Angeles Sports Walk of Fame Sports Walk to the Waterfront FDN 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 McSwain Education Foundation ($69k), Mission Zeta Inc ($69k) and Jamaica Elementary Ptso ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $37k against liabilities of $195, net assets of $37k.