LA Military Charitable Fund
Analysis
LA Military Charitable Fund is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in November 2014, 12 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 Military Charitable Fund reported income of $105k and spending of $60k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $105k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 54% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, LA Military Charitable Fund sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Police for Inc ($105k), Cupertino Middle School Parent Teacher Organization Cms-Pto ($105k) and Andrea a and Melinda M Disessa Family Foundation Inc ($104k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.8% of the total. At year end it held assets of $358k against liabilities of $105k, net assets of $253k.
Income and spending
Where the income comes from
- Contributions & grants 7.8%
- Other 92%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Police for Inc | Flemington | $105k |
| Cupertino Middle School Parent Teacher Organization Cms-Pto | Sunnyvale | $105k |
| Andrea a and Melinda M Disessa Family Foundation Inc | Berkeley | $104k |
| Training Consortium of South Central Kentucky Inc | Bowling Green | $105k |