Regency Broadway Properties Inc

Analysis

Regency Broadway Properties Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Regency Broadway Properties Inc reported income of $1.8m and spending of $12k, leaving 99% of income unspent that year. Across the 6 years on record, from April 2018 to April 2023, income grew from $295k to $1.8m (+526%), an average of +44% a year. The sharpest change came in the year to April 2022, when income rose by 485%. Over the whole period it spent 3.4% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Regency Broadway Properties Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Charles County Charitable Trust Inc ($1.8m), The Workshop ($1.9m) and B U I L D Inc ($1.8m).

At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.