Los Angeles Team Mentoring Inc a Delaware Corporation

Analysis

Los Angeles Team Mentoring Inc a Delaware Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Los Angeles Team Mentoring Inc a Delaware Corporation reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.0m to $1.2m (+20%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 88%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Los Angeles Team Mentoring Inc a Delaware Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Boy Scouts of America ($1.2m), Cultivate Charlottesville ($1.2m) and Tiny Wpa ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $218k (17% of expenses). Other salaries and wages came to $531k. At year end it held assets of $1.1m against liabilities of $268k, net assets of $846k. It reported 13 employees.