Los Angeles Mission College Foundation

Analysis

Los Angeles Mission College Foundation is a registered charity in United States, based in Sylmar, CA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Los Angeles Mission College Foundation reported income of $203k and spending of $83k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $122k to $203k (+67%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Mission College Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Young Parents Education Center Inc ($203k), Friends of the Rogers Public Library ($203k) and Livermore Girls Softball Association Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.