Vermont-Slauson LDC Inc

Analysis

Vermont-Slauson LDC Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 1983, 43 years ago. 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 June 2023, Vermont-Slauson LDC Inc reported income of $3.5m and spending of $3.0m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $948k to $3.5m (+273%), an average of +39% a year. The sharpest change came in the year to June 2021, when income rose by 290%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vermont-Slauson LDC Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Dove Inc ($3.5m), John F Kennedy Family Service Center Inc ($3.5m) and Flint and Genesee Chamber Foundation ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.7% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $4.3m against liabilities of $1.3m, net assets of $3.1m.