Los Angeles Metropolitian Churches

Analysis

Los Angeles Metropolitian Churches is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Metropolitian Churches reported income of $871k and spending of $1.1m, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $299k to $871k (+191%), an average of +43% a year. The sharpest change came in the year to June 2021, when income rose by 175%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Los Angeles Metropolitian Churches sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Narramore Christian Foundation Incorporated ($870k), Great Company of Publishers Inc ($871k) and Santa Cruz County Diaper Bank Inc ($870k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $56k (5.3% of expenses). At year end it held assets of $116k against liabilities of $165k, net assets of -$49k. It reported 30 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.