Los Angeles Sports Council Foundation

Analysis

Los Angeles Sports Council Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Los Angeles Sports Council Foundation reported income of $336k and spending of $192k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $336k (+153%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Sports Council 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 Alice James Poetry Cooperative Inc ($336k), Kids Kampus Community Childcare ($336k) and Our Saviors Lutheran Housing Corp ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $538k against liabilities of $12k, net assets of $526k.