Los Angeles Section 8 Juanita Lomod Corporation-8

Analysis

Los Angeles Section 8 Juanita Lomod Corporation-8 is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1985, 41 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 December 2023, Los Angeles Section 8 Juanita Lomod Corporation-8 reported income of $169k and spending of $208k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $200k to $169k (-16%), an average of -8.1% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Section 8 Juanita Lomod Corporation-8 sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Central Association of Obstetricians & Gynecologists ($169k), Perry High School Alumni Association Inc ($169k) and Bell Memorial Library ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 27% of the total. At year end it held assets of $441k against liabilities of $33k, net assets of $408k.