Assistance League of Long Beach

Analysis

Assistance League of Long Beach is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 1947, 79 years ago. 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 May 2024, Assistance League of Long Beach reported income of $3.8m and spending of $3.1m, spending 81% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $3.9m to $3.8m (-2.9%), an average of -0.7% a year. The sharpest change came in the year to May 2023, when income rose by 34%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Assistance League of Long Beach sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Case Preparatory Academy ($3.8m), New Dawn Incorporated ($3.8m) and Childhood Leukemia Foundation Inc ($3.8m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 75% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $414k (13% of expenses). Other salaries and wages came to $677k. It paid $33k in professional fundraising fees. At year end it held assets of $15.6m against liabilities of $1.6m, net assets of $14.1m. It reported 15 employees.