Housing & Shelter
(L20Z)
IRS Verified
DX Registered
990 on File
LTSC COMMUNITY DEVELOPMENT CORPORATION
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of Little Tokyo Service Center a Community Development Corporation is to provide a comprehensive array of social welfare and community development services to assist low income and other persons in need, contribute to community revitalization and cultural preservation in Little Tokyo and among the broader Japanese community in the Southland, and to provide such resources to neighboring Asian Pacific Islander and other low income communities.
Financial Overview — FY 2024
$27.5M
Total Revenue
$18.9M
Total Expenses
$59.3M
Net Assets
145
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.3%
Fundraising Efficiency
96.3%
Operating Reserve
37.55x
Liability-to-Asset
68.5%
Revenue Diversification
69.4%
Compared with Peers
FY 2024
Compared with 456 similar organizations
(United States, Housing & Shelter, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.3% | 87.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.5% | 10.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
96.3% | 546.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
37.6 mo | 6.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
68.5% | 61.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.4% | 91.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
23.7% | 9.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
18.5% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
31.2% | 0.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $27.5M | $18.9M | $59.3M | 87.3% | 145 |
| 2023 | $22.3M | $16.0M | $48.4M | 84.6% | 126 |
| 2022 | $23.6M | $13.9M | $40.6M | 85.8% | 137 |
| 2021 | $26.6M | $12.4M | N/A | — | 135 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.