North Hollywood Group

Analysis

North Hollywood Group is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in January 1946, 80 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 October 2023, North Hollywood Group reported income of $173k and spending of $134k, leaving 22% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $95k to $173k (+82%), an average of +82% a year. The sharpest change came in the year to October 2023, when income rose by 82%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Hollywood Group sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Little Theatre of Biloxi ($173k), Phoenix Manor Inc ($173k) and Valley Isle Timing Association ($173k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.