Assistance League of Huntington Beach

Analysis

Assistance League of Huntington Beach is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in August 1950, 76 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Assistance League of Huntington Beach reported income of $1.3m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.1m to $1.3m (+17%), an average of +4.0% a year. The sharpest change came in the year to May 2022, when income rose by 70%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Assistance League of Huntington Beach sits at the 80th percentile: it is larger than about 80% 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 Vector Industries Inc ($1.3m), People Helping People of Pullman Inc ($1.3m) and Jewish Council on Urban Affairs ($1.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 84% and program service revenue 1.6% of the total. At year end it held assets of $2.8m against liabilities of $67k, net assets of $2.7m.