Los Angeles County Community Development Foundation

Analysis

Los Angeles County Community Development Foundation is a registered charity in United States, based in Alhambra, CA. It received its IRS tax-exemption ruling in February 1998, 28 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, Los Angeles County Community Development Foundation reported income of $136k and spending of $112k, spending 82% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $247k to $136k (-45%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Los Angeles County Community Development Foundation sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Inspiration Labs Inc ($136k), Westminster School Foundation ($136k) and Gulf Breeze High School Soccer Boosters ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $238k against liabilities of $3,450, net assets of $235k.