Grancell Village of the Los Angeles Jewish Home for the Aging

Analysis

Grancell Village of the Los Angeles Jewish Home for the Aging is a registered charity in United States, based in Reseda, CA. It received its IRS tax-exemption ruling in February 1940, 86 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Grancell Village of the Los Angeles Jewish Home for the Aging reported income of $64.2m and spending of $63.5m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $62.7m to $64.2m (+2.4%), an average of +0.6% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grancell Village of the Los Angeles Jewish Home for the Aging sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Young Mens Christian Association of Greater Louisville ($64.1m), Lutheran Community Services Northwest ($64.4m) and The Institutes of Applied Human Dynamics Inc ($63.7m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $31.1m. At year end it held assets of $73.5m against liabilities of $14.4m, net assets of $59.1m. It reported 638 employees.