Hollywood Food Coalition

Analysis

Hollywood Food Coalition is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. 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, Hollywood Food Coalition reported income of $7.0m and spending of $7.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $885k to $7.0m (+686%), an average of +67% a year. The sharpest change came in the year to December 2020, when income rose by 255%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hollywood Food Coalition sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Two Rivers Head Start Agency ($7.0m), Disciplemakers Inc ($7.0m) and Childrens Home of Kingston ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $272k (3.8% of expenses). Other salaries and wages came to $1.0m. It paid $11k in professional fundraising fees. At year end it held assets of $2.6m against liabilities of $292k, net assets of $2.3m. It reported 35 employees.