Ideas Worth Doing in LA

Analysis

Ideas Worth Doing in LA is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Ideas Worth Doing in LA reported income of $65k and spending of $78k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $65k (+3.0%), an average of +3.0% a year. 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, Ideas Worth Doing in LA sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include International Thomas Merton Society Inc ($65k), Fraternal Order of Police Associates 2 Middletown Ohio ($65k) and Cherry Creek School District Parent Teacher Community Council Inc an ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.