Run to Remember Los Angeles

Analysis

Run to Remember Los Angeles is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in July 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 June 2023, Run to Remember Los Angeles reported income of $51k and spending of $77k, spending 152% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $22k to $51k (+130%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 5542%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Run to Remember Los Angeles sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Corpus Christi Cross Inc ($51k), Good Ground Good Life Inc ($51k) and Magnolia Mission ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.