Operation Walk Los Angeles Inc

Analysis

Operation Walk Los Angeles Inc is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in August 2018, 8 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, Operation Walk Los Angeles Inc reported income of $507k and spending of $524k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $467k to $507k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Walk Los Angeles Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Life Eldercare Inc ($507k), Reentry Campus Program ($507k) and Dream Street Foundation ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 121% of the total. Other salaries and wages came to $79k. At year end it held assets of $1.7m against liabilities of $1,604, net assets of $1.7m.