Greater Los Angeles Education Foundation

Analysis

Greater Los Angeles Education Foundation is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in March 2016, 10 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 June 2023, Greater Los Angeles Education Foundation reported income of $2.7m and spending of $2.2m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.7m (+160%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 316%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Los Angeles Education Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Trinity Christian School of Fayetteville Inc ($2.7m), Childrens Choice for Hearing and Talking Sacramento ($2.7m) and Dickens Sanomi Corp ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $367k (16% of expenses). Other salaries and wages came to $326k. At year end it held assets of $5.0m against liabilities of $84k, net assets of $4.9m. It reported 7 employees.