Foundation for Learning Athletics and Growth

Analysis

Foundation for Learning Athletics and Growth is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Foundation for Learning Athletics and Growth reported income of $123k and spending of $126k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $123k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 69% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Foundation for Learning Athletics and Growth sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include American Youth Circus Organization ($123k), Woodland Youth Sports ($123k) and Ball Headz Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 149% of the total. At year end it held assets of $99k against liabilities of $7,974, net assets of $91k.