Los Angeles Police Foundation

Analysis

Los Angeles Police Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Los Angeles Police Foundation reported income of $7.2m and spending of $4.7m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.7m to $7.2m (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Los Angeles Police Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Milestones Area Agency on Aging ($7.2m), The Network Advocating Against Domestic Violence ($7.2m) and Under God Ministries ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $234k (5.0% of expenses). Other salaries and wages came to $145k. At year end it held assets of $20.8m against liabilities of $4.5m, net assets of $16.3m. It reported 3 employees.