People Coordinated Services of Southern California

Analysis

People Coordinated Services of Southern California 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. 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 June 2023, People Coordinated Services of Southern California reported income of $1.1m and spending of $1.7m, spending 157% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $1.1m (-69%), an average of -26% a year. The sharpest change came in the year to June 2020, when income dropped by 45%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, People Coordinated Services of Southern California sits at the 78th percentile: it is larger than about 78% 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 Montclair Foundation Inc ($1.1m), Coffee House Press Inc ($1.1m) and Hope Ignites Cincinnati ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $168k (10.0% of expenses). Other salaries and wages came to $692k. At year end it held assets of $7.0m against liabilities of $479k, net assets of $6.5m. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.