Los Angeles Chamber Ballet Inc

Analysis

Los Angeles Chamber Ballet Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1982, 44 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 December 2023, Los Angeles Chamber Ballet Inc reported income of $185k and spending of $185k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $185k (+4.4%), an average of +4.4% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Chamber Ballet Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Round Mountain Volunteer Fire Department ($185k), Knights of the Golden Trail ($185k) and LA Jolla Golden Triangle Rotary Club Foundation ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.