Community Empowering LA

Analysis

Community Empowering LA is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Community Empowering LA reported income of $79k and spending of $75k, spending 95% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $10k to $79k (+690%), an average of +181% a year. The sharpest change came in the year to December 2021, when income rose by 1135%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Empowering LA sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Atwood Second Century Development Fund Inc ($79k), Kiwanis Club of Chinatown Foundation Inc ($79k) and Charity for Hope ($79k).

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 $4,332 against liabilities of $0, net assets of $4,332.