Ladmc Foundation

Analysis

Ladmc Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Ladmc Foundation reported income of $1.4m and spending of $898k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $1.4m (+456%), an average of +54% a year. The sharpest change came in the year to December 2020, when income rose by 602%. Over the whole period it spent 46% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ladmc Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include AIDS Law Project of Pennsylvania ($1.4m), P U N T Pediatric Cancer Collaborative Inc ($1.4m) and Lacey Township First Aid Squad Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.8m against liabilities of $500k, net assets of $3.3m.