Hollywood Education & Literacy Project

Analysis

Hollywood Education & Literacy Project is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hollywood Education & Literacy Project reported income of $132k and spending of $144k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $152k to $132k (-13%), an average of -13% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hollywood Education & Literacy Project sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Stevenson Ranch Elementary PTO ($132k), Lauren Dunne Astley Memorial Fund ($132k) and Berkley School District Educational Foundation ($132k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. At year end it held assets of $112k against liabilities of $6,929, net assets of $105k.