LA Global Care

Analysis

LA Global Care is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Global Care reported income of $5.0m and spending of $5.0m, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $704k to $5.0m (+615%), an average of +167% a year. The sharpest change came in the year to December 2022, when income rose by 410%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Global Care sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Community Connections Inc ($5.0m), Family Wellness LLC ($5.0m) and Concordia Hospice of Washington ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $410k against liabilities of $697k, net assets of -$287k. It reported 46 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.