Los Angeles Chargers Charities

Analysis

Los Angeles Chargers Charities is a registered charity in United States, based in El Segundo, CA. It received its IRS tax-exemption ruling in September 1995, 31 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 December 2023, Los Angeles Chargers Charities reported income of $1.1m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $692k to $1.1m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Los Angeles Chargers Charities sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Community Design Collaborative of Philadelphia ($1.1m), Hed Group Inc ($1.1m) and Carbon County Action Committee for Human Services ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $2.5m against liabilities of $398k, net assets of $2.1m.