Delta Properties Inc

Analysis

Delta Properties Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Delta Properties Inc reported income of $12.4m and spending of $9.5m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $12.4m (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delta Properties Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Preschool Promise Inc ($12.4m), Provident School ($12.4m) and A Gift for Teaching Inc ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 74% of the total. At year end it held assets of $133.0m against liabilities of $125.2m, net assets of $7.8m.