East Los Angeles Remarkable Citizens Association Inc

Analysis

East Los Angeles Remarkable Citizens Association Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1986, 40 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, East Los Angeles Remarkable Citizens Association Inc reported income of $4.1m and spending of $4.2m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.9m to $4.1m (-31%), an average of -8.7% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Los Angeles Remarkable Citizens Association Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Jolley Trolley Transportation of Clearwater Inc ($4.1m), YWCA of Rhode Island ($4.1m) and Big Brothers Big Sisters of Northeast Indiana Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $408k (9.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.6m against liabilities of $621k, net assets of $8.0m. It reported 59 employees.