Eastmont Community Center

Analysis

Eastmont Community Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1968, 58 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 June 2023, Eastmont Community Center reported income of $1.6m and spending of $1.7m, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $618k to $1.6m (+155%), an average of +37% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eastmont Community Center 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 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Home Makers of Hope Inc ($1.6m), Young Womens Christian Assn ($1.6m) and Habitat Omaha Affordable Mortgage Solutions Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. Other salaries and wages came to $958k. At year end it held assets of $1.3m against liabilities of $87k, net assets of $1.2m. It reported 18 employees.