World Trade Center Association Los Angeles-Long Beach

Analysis

World Trade Center Association Los Angeles-Long Beach is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2007, 19 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 June 2023, World Trade Center Association Los Angeles-Long Beach reported income of $460k and spending of $235k, leaving 49% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $414k to $460k (+11%), an average of +3.6% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, World Trade Center Association Los Angeles-Long Beach sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include McDevco Inc ($460k), Certified Development Corporation of South Carolina ($460k) and Main Street Columbus Inc ($460k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $856k against liabilities of $684k, net assets of $172k. It reported 1 employees.