Los Angeles Institute and Society for Psychoanalytic Studies

Analysis

Los Angeles Institute and Society for Psychoanalytic Studies is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1972, 54 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 August 2023, Los Angeles Institute and Society for Psychoanalytic Studies reported income of $212k and spending of $218k, spending 103% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $206k to $212k (+2.7%), an average of +0.9% a year. The sharpest change came in the year to August 2020, when income dropped by 25%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Institute and Society for Psychoanalytic Studies sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Spring Lake Public Schools Foundation ($212k), Morton Memorial Library & Community House ($212k) and Valley Theater ($212k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $70k (32% of expenses). At year end it held assets of $221k against liabilities of $0, net assets of $221k.

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.