Enhance LA Jolla

Analysis

Enhance LA Jolla is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Enhance LA Jolla reported income of $548k and spending of $531k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $297k to $548k (+84%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Enhance LA Jolla sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Lakewood Foundation ($548k), Push for Dreams ($548k) and United Fund of Westfield NJ ($547k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. At year end it held assets of $165k against liabilities of $138k, net assets of $27k.