Los Alamitos Youth Center Inc

Analysis

Los Alamitos Youth Center Inc is a registered charity in United States, based in Los Alamitos, CA. It received its IRS tax-exemption ruling in October 1952, 74 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 December 2023, Los Alamitos Youth Center Inc reported income of $1.3m and spending of $902k, leaving 32% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $905k to $1.3m (+46%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Alamitos Youth Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include St Anns Community Day Care Center ($1.3m), Society for Christian Instruction ($1.3m) and The Family Center ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $133k (15% of expenses). Other salaries and wages came to $266k. At year end it held assets of $2.8m against liabilities of $1.2m, net assets of $1.6m. It reported 33 employees.