Cornell Club of Los Angeles

Analysis

Cornell Club of Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1995, 31 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 June 2024, Cornell Club of Los Angeles reported income of $81k and spending of $69k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $65k to $81k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 348%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cornell Club of Los Angeles sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Ole ($81k), International Foundation for SKK University Inc ($81k) and Bradley PTO ($81k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $706k against liabilities of $0, net assets of $706k.