Together Califonia Inc

Analysis

Together Califonia Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Together Califonia Inc reported income of $8.2m and spending of $450k, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $3.6m to $8.2m (+125%), an average of +125% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 4.6% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Together Califonia Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Humangood Foundation ($8.2m), Food and Nutrition Solutions ($8.2m) and Comwell ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $160k (36% of expenses). Other salaries and wages came to $95k. At year end it held assets of $12.9m against liabilities of $1.6m, net assets of $11.3m. It reported 3 employees.