L a Works Inc

Analysis

L a Works Inc 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 (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, L a Works Inc reported income of $4.1m and spending of $3.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $4.1m (+205%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, L a Works Inc sits at the 91st percentile: it is larger than about 91% 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 Isaiah House ($4.1m), Lake Travis Youth Association ($4.1m) and Wollaston Lutheran Church Apartments Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $131k (3.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $1.5m against liabilities of $605k, net assets of $900k. It reported 62 employees.