Inglewood Community Services Corporation

Analysis

Inglewood Community Services Corporation is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Inglewood Community Services Corporation reported income of $58k and spending of $255k, spending 437% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $130k to $58k (-55%), an average of -18% a year. The sharpest change came in the year to September 2022, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Inglewood Community Services Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Lancaster County Community Center ($58k), Goodwill Industries of San Joaquin Valley Foundation Inc ($58k) and Sri Annamacharya Project of North America Inc ($58k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.