Prospective Homeowners Association of Los Angeles

Analysis

Prospective Homeowners Association of Los Angeles is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover human services, 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, Prospective Homeowners Association of Los Angeles reported income of $178k and spending of $166k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $178k (+767%), an average of +767% a year. The sharpest change came in the year to December 2023, when income rose by 767%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prospective Homeowners Association of Los Angeles sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Camp Bluebird of West Michigan Inc ($178k), Secret Place Internationalministries ($178k) and Kings of Hope Inc ($178k).

At year end it held assets of $156k against liabilities of $0, net assets of $156k.