LA Monsters Sports Academy Inc

Analysis

LA Monsters Sports Academy Inc is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in July 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 2023, LA Monsters Sports Academy Inc reported income of $58k and spending of $54k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $58k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Monsters Sports Academy Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include St Raphael Catholic Church St Vincent de Paul Conference ($58k), Service League of Morgantown ($58k) and Cottontown Fire Association ($58k).

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 $14k against liabilities of $0, net assets of $14k.