Beat the Streets - Los Angeles Inc

Analysis

Beat the Streets - Los Angeles Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 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 2023, Beat the Streets - Los Angeles Inc reported income of $841k and spending of $768k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $826k to $841k (+1.8%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beat the Streets - Los Angeles Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include North Coast Christian Ministries Inc ($841k), Care & Share Gift & Thrift Inc ($841k) and Madison Interfaith Residential Community Inc ($841k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $226k. At year end it held assets of $2.4m against liabilities of $84, net assets of $2.4m. It reported 4 employees.