Los Angeles Youth Network LA Youth

Analysis

Los Angeles Youth Network LA Youth is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Los Angeles Youth Network LA Youth reported income of $4.2m and spending of $4.1m, spending 97% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $3.5m to $4.2m (+19%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Los Angeles Youth Network LA Youth sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Dakota Milestones ($4.2m), Unlimited Play Inc ($4.2m) and Maine Farmland Trust Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $715k (17% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $5.5m against liabilities of $2.3m, net assets of $3.1m. It reported 71 employees.