Los Angeles Mission Inc

Analysis

Los Angeles Mission 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Los Angeles Mission Inc reported income of $21.5m and spending of $21.1m, spending 98% of its income. Across the 5 years on record, from June 2018 to June 2022, income grew from $12.3m to $21.5m (+75%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Los Angeles Mission Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Shared Support South Inc ($21.5m), Marple Manor Inc ($21.6m) and Maple Health and Rehabilitation Centers Inc ($21.4m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $429k (2.0% of expenses). Other salaries and wages came to $5.1m. It paid $5.0m in professional fundraising fees. At year end it held assets of $37.2m against liabilities of $6.7m, net assets of $30.5m. It reported 124 employees.