Laughter for All Inc

Analysis

Laughter for All Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Laughter for All Inc reported income of $325k and spending of $341k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $325k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Laughter for All Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Alabama Christian Radio Inc ($325k), X245 Foundation ($325k) and Robert J Morgan Ministries ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $33k (9.6% of expenses). Other salaries and wages came to $31k. At year end it held assets of $21k against liabilities of $7,151, net assets of $13k. It reported 3 employees.