Los Angeles Review of Books

Analysis

Los Angeles Review of Books is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2013, 13 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 June 2024, Los Angeles Review of Books reported income of $1.0m and spending of $1.1m, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.0m to $1.0m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Los Angeles Review of Books sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include New Vista Montessori School ($1.0m), Children Rising Inc ($1.0m) and Future Seekers Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 23% of the total. Other salaries and wages came to $608k. At year end it held assets of $1.0m against liabilities of $40k, net assets of $1.0m. It reported 20 employees.