Experience Community

Analysis

Experience Community is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2020, 6 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, Experience Community reported income of $95k and spending of $242k, spending 255% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $170k to $95k (-44%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Experience Community sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Over the Rainbow Ministries ($95k), Boulder City Sunrise Rotary Foundation ($95k) and Main Street Rock Hall ($95k).

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