Kessab Educational Association of Los Angeles

Analysis

Kessab Educational Association of Los Angeles is a registered charity in United States, based in Reseda, CA. It received its IRS tax-exemption ruling in April 1967, 59 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 October 2023, Kessab Educational Association of Los Angeles reported income of $100k and spending of $92k, spending 92% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $132k to $100k (-24%), an average of -6.7% a year. The sharpest change came in the year to October 2021, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kessab Educational Association of Los Angeles sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Dynamic Enrichment Network ($100k), Cherry Hill Seminary ($100k) and Educate Lanka Foundation Inc ($100k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $523k against liabilities of $0, net assets of $523k.