Mission LA

Analysis

Mission LA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 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 2022, Mission LA reported income of $1.1m and spending of $1.1m, spending 108% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $818k to $1.1m (+30%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mission LA sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Georgia Foumdaion for Agriculture Inc ($1.1m), Basin Dream Center for Orphans ($1.1m) and Central de Desarrollo Educativo Deportivo Inc ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $163k (14% of expenses). Other salaries and wages came to $133k. At year end it held assets of $21k against liabilities of $389k, net assets of -$368k. It reported 7 employees.