Joan Los Angeles

Analysis

Joan Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joan Los Angeles reported income of $210k and spending of $245k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $210k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joan Los Angeles sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Kendall Park First Aid & Rescue Squad Inc ($210k), Sacred Heart Housing Corporation ($210k) and Utah Elks Camp Wapiti Inc ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $63k (26% of expenses). At year end it held assets of $140k against liabilities of $210k, net assets of -$70k.