Telacu Housing Hawthorne Inc

Analysis

Telacu Housing Hawthorne Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Telacu Housing Hawthorne Inc reported income of $1.1m and spending of $962k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+8.0%), an average of +1.9% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Telacu Housing Hawthorne Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Mary Tyler Moore Vision Initiative Inc ($1.1m), Black River Falls Area Foundation ($1.1m) and Silent Film Festival ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. At year end it held assets of $5.0m against liabilities of $6.5m, net assets of -$1.5m.