Los Angeles County Facilities 2 Inc

Analysis

Los Angeles County Facilities 2 Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Los Angeles County Facilities 2 Inc reported income of $57k and spending of $88k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $9,802 to $57k (+486%), an average of +142% a year. The sharpest change came in the year to December 2023, when income rose by 231%. Over the whole period it spent 147% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles County Facilities 2 Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Volunteers of America Inc ($57k), Friends of the Marion Public Library ($57k) and PTA California Congress of Parents Teachers & Students Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $40k, net assets of -$40k.