Los Angeles Education Corps
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 1,905,325 | 1,724,149 | 181,176 | 1.8 | 56% |
| 2011 | 2,255,765 | 2,015,633 | 240,132 | 3.5 | 51% |
| 2012 | 2,424,175 | 2,337,898 | 86,277 | 3.5 | 54% |
| 2013 | 2,583,615 | 2,462,350 | 121,265 | 3.9 | 56% |
| 2014 | 5,592,271 | 4,792,738 | 799,533 | 2.0 | 44% |
| 2015 | 6,368,984 | 5,789,595 | 579,389 | 2.9 | 42% |
| 2016 | 7,164,343 | 7,380,086 | −215,743 | 1.9 | 44% |
| 2017 | 7,380,510 | 7,156,538 | 223,972 | 2.3 | 43% |
| 2018 | 8,920,523 | 8,570,502 | 350,021 | 2.4 | 42% |
| 2019 | 8,749,804 | 8,031,312 | 718,492 | 3.7 | 58% |
| 2020 | 8,528,995 | 8,684,541 | −155,546 | 3.2 | 43% |
| 2021 | 9,966,855 | 8,562,689 | 1,404,166 | 5.2 | 38% |
| 2022 | 9,384,123 | 8,726,396 | 657,727 | 6.0 | 40% |
| 2023 | 11,932,083 | 9,545,790 | 2,386,293 | 8.5 | 41% |
In its most recent public year (2023), this organization brought in $2,386,293 more than it spent. Its reserves stood at about 8.5 months of spending, up from 1.8 in 2009. Staff pay was 41% of spending. $1,368,275 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Los Angeles Education Corps's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works