LA Cienega Lomod Inc

Analysis

LA Cienega Lomod Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, LA Cienega Lomod Inc reported income of $11.5m and spending of $2.9m, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $11.5m (+1817%), an average of +109% a year. The sharpest change came in the year to December 2023, when income rose by 917%. Over the whole period it spent 38% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LA Cienega Lomod Inc 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 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include St Margarets House Housing Development Fund Corporation ($11.5m), Community Rebuilders ($11.5m) and Eskaton Village-Grass Valley ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 83% of the total. Other salaries and wages came to $221k. At year end it held assets of $63.3m against liabilities of $1,300, net assets of $63.3m.