East Los Angeles Community Union

Analysis

East Los Angeles Community Union is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1970, 56 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, East Los Angeles Community Union reported income of $10.0m and spending of $8.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $16.4m to $10.0m (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Los Angeles Community Union sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Employment Horizons Inc ($10.0m), Initiative Foundation ($10.0m) and Southwest Alabama Partnership for Training and Employment Inc ($10.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $355k (4.1% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $137.3m against liabilities of $630k, net assets of $136.7m. It reported 37 employees.