Heal Los Angeles Foundation

Analysis

Heal Los Angeles Foundation is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Heal Los Angeles Foundation reported income of $149k and spending of $292k, spending 195% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $179k to $149k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 642%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heal Los Angeles Foundation sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Womens Club of Blowing Rock ($149k), Connell F Smith & Homer Brown Scholarship and Education Fund ($150k) and Canton Lincoln High School Alumni Association Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $97k (33% of expenses). At year end it held assets of $136k against liabilities of $0, net assets of $136k. It reported 1 employees.