Five Acres-The Boys & Girls Aid Society of Los Angeles County

Analysis

Five Acres-The Boys & Girls Aid Society of Los Angeles County is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 1935, 91 years ago. 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 2023, Five Acres-The Boys & Girls Aid Society of Los Angeles County reported income of $40.8m and spending of $39.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.6m to $40.8m (+5.5%), an average of +1.4% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Five Acres-The Boys & Girls Aid Society of Los Angeles County sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Cesar Chavez Foundation ($40.8m), Mary Cariola Childrens Center Inc ($40.9m) and Goodwill Industries of Southern New England Inc ($40.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $1.5m (3.9% of expenses). Other salaries and wages came to $22.2m. At year end it held assets of $49.9m against liabilities of $17.5m, net assets of $32.5m. It reported 472 employees.