Lost Angels Childrens Project Inc

Analysis

Lost Angels Childrens Project Inc is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lost Angels Childrens Project Inc reported income of $4.3m and spending of $2.3m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $4.3m (+1257%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lost Angels Childrens Project Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include East Cooper Community Outreach ($4.3m), Meals on Wheels of the Monterey Peninsula Inc ($4.3m) and Special Care Incorporated ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $142k (6.2% of expenses). Other salaries and wages came to $855k. At year end it held assets of $3.4m against liabilities of $66k, net assets of $3.3m. It reported 71 employees.