Long Beach Communuty-Improvement League

Analysis

Long Beach Communuty-Improvement League is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 1968, 58 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Long Beach Communuty-Improvement League reported income of $1.1m and spending of $1.0m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $993k to $1.1m (+13%), an average of +4.1% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Long Beach Communuty-Improvement League sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Sigma Tau Delta Society Inc ($1.1m), Central Clinic Inc ($1.1m) and The 5 Gyres Institute ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $139k (14% of expenses). Other salaries and wages came to $401k. At year end it held assets of $2.0m against liabilities of $617k, net assets of $1.4m. It reported 17 employees.