LA Fencing Academy of Pomona
Analysis
LA Fencing Academy of Pomona is a registered charity in United States, based in Walnut, CA. It received its IRS tax-exemption ruling in December 2022, 4 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, LA Fencing Academy of Pomona reported income of $191k and spending of $178k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100 to $191k (+191290%), an average of +191290% a year. The sharpest change came in the year to December 2023, when income rose by 191290%. Over the whole period it spent 93% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, LA Fencing Academy of Pomona sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Youth Actors Academy of Lincoln Inc ($191k), Grand Haven Young Bucs Athletics Inc ($191k) and Leaders of Many Inc ($191k).
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 $31k against liabilities of $18k, net assets of $13k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Youth Actors Academy of Lincoln Inc | Lincoln | $191k |
| Grand Haven Young Bucs Athletics Inc | Grand Haven | $191k |
| Leaders of Many Inc | Ave Maria | $191k |
| Meagans Academic Center Inc | Miami | $192k |