Los Angeles Doctors Symphony Orchestra
Analysis
Los Angeles Doctors Symphony Orchestra is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in August 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2024, Los Angeles Doctors Symphony Orchestra reported income of $77k and spending of $54k, leaving 30% of income unspent that year. Across the 3 years on record, from August 2022 to August 2024, income grew from $37k to $77k (+110%), an average of +45% a year. The sharpest change came in the year to August 2023, when income rose by 122%. Over the whole period it spent 75% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Doctors Symphony Orchestra sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include The Bloomsburg Town Park Improvement Association ($77k), Amateur Athletic Union of the United States Inc ($77k) and PTA Texas Congress ($77k).
On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 41% and program service revenue 20% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.
Income and spending
Where the income comes from
- Contributions & grants 41%
- Program services 20%
- Other 40%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Bloomsburg Town Park Improvement Association | Bloomsburg | $77k |
| Amateur Athletic Union of the United States Inc | Fredericksbrg | $77k |
| PTA Texas Congress | Round Rock | $77k |
| Magnificent Mile Charitable Foundation | Chicago | $77k |