Avalon-Carver Community Center

Analysis

Avalon-Carver Community Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1945, 81 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Avalon-Carver Community Center reported income of $3.3m and spending of $3.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.3m (+52%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Avalon-Carver Community Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Crown Heights Jewish Community Cou ($3.3m), New Dimensions Foster Family Agency Inc ($3.3m) and Kiski Valley Opportunities Unlimited ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $144k (4.3% of expenses). Other salaries and wages came to $590k. At year end it held assets of $2.2m against liabilities of $2.1m, net assets of $150k. It reported 33 employees.