LA Compost

Analysis

LA Compost is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, LA Compost reported income of $2.5m and spending of $1.6m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $493k to $2.5m (+415%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Compost 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 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Veritas Classical Private School Inc ($2.5m), Tiller School of Carteret County ($2.5m) and Odyssey School ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $857k. At year end it held assets of $2.2m against liabilities of $79k, net assets of $2.1m. It reported 29 employees.