Los Angeles County Grand Park Foundation

Analysis

Los Angeles County Grand Park Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, Los Angeles County Grand Park Foundation reported income of $132k and spending of $143k, spending 108% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $619 to $132k (+21189%), an average of +192% a year. The sharpest change came in the year to June 2024, when income rose by 7456%. Over the whole period it spent 368% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Los Angeles County Grand Park Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Sailing Center Inc ($132k), Garden City Hockey Association ($132k) and Mohawk Valley Stewardship Council ($132k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $58k. At year end it held assets of $244k against liabilities of $0, net assets of $244k. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.