Los Angeles Philanthropic Foundation

Analysis

Los Angeles Philanthropic Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1960, 66 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Los Angeles Philanthropic Foundation reported income of $494k and spending of $172k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $494k (+207%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 375%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Los Angeles Philanthropic Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Northeast Kingdom Preschool and Childcare Corp ($494k), Wayne Uplift Resource Association Inc ($494k) and Fort Griffin Fandangle Association Inc ($494k).

At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.