Bais Chesed LA

Analysis

Bais Chesed LA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Bais Chesed LA reported income of $274k and spending of $251k, spending 91% of its income. Across the 2 years on record, from December 2019 to December 2022, income fell from $394k to $274k (-30%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bais Chesed LA sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Smithfield Rescue Mission ($274k), Supporting Area Families Everyday ($274k) and Lakewood Study Square Inc ($274k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $150k against liabilities of $1, net assets of $150k.