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DEMOGRAPHIC

ADDRESS
1067 WEST BLVD
90019
COUNTY
los angeles county, CA
IN CARE OF NAME
JON OWYANG

ORGANIZATIONAL OVERVIEW & RANKINGS

FRIENDS OF@GALA is a based in LOS ANGELES, CA, focused on Educational Institutions and Related Activities causes , specifically Fund Raising and/or Fund Distribution. Established in June 2016, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $1,270,488.00, this ranks 190,674 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 19,545 out of 275,729 organizations in CA (Top 8%).

In los angeles county, CA, the organization ranks 5,313 out of 71,287 nonprofits by assets (Top 8%), while locally in los angeles, it stands at 1,921 among 19,629 organizations (Top 10%).

The organization reported annual revenue of $991,827.00, ranking 126,737 nationally (Top 5%) and 14,090 in CA (Top 6%).

Within its specific NTEE classification (B12 - B: Educational Institutions and Related Activities), which includes 11,494 similar organizations, FRIENDS OF@GALA ranks 465 in assets (Top 5%) and 273 in revenue (Top 3%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,021,777.00
FORM 990 REVENUE AMOUNT
$991,827.00
RULING DATE
06/2016
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,270,488.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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