Los Angeles Trade Technical College Foundation

Analysis

Los Angeles Trade Technical College Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Los Angeles Trade Technical College Foundation reported income of $340k and spending of $614k, spending 180% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $917k to $340k (-63%), an average of -22% a year. The sharpest change came in the year to June 2021, when income rose by 191%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Trade Technical College Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Hospitality Maine Education Foundation ($340k), On-Ramps to Careers ($340k) and Humane Society of Calvert County ($340k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $2.8m against liabilities of $133k, net assets of $2.7m.