L a Voice

Analysis

L a Voice is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, L a Voice reported income of $1.3m and spending of $2.9m, spending 212% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.3m (-36%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, L a Voice sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Restore Merced ($1.3m), Building Beginnings Inc ($1.3m) and Northeast Okc Renaissance ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $177k (6.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.7m against liabilities of $439k, net assets of $2.2m. It reported 41 employees.