Los Angeles Orphan Asylum

Analysis

Los Angeles Orphan Asylum is a registered charity in United States, based in Rosemead, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Los Angeles Orphan Asylum reported income of $2.3m and spending of $7.6m, spending 326% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.0m to $2.3m (-61%), an average of -21% a year. The sharpest change came in the year to June 2021, when income rose by 199%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Los Angeles Orphan Asylum sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Hunger Fight Inc ($2.3m), Uplift All Foundation ($2.3m) and Operation Care and Comfort ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $83.7m against liabilities of $29k, net assets of $83.7m.