ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY

Mission Statement
THE LAEDC'S PRINCIPAL OBJECTIVE IS TO COLLECTIVELY ADVANCE ECONOMIC OPPORTUNITY AND PROSPERITY AND RAISE STANDARDS OF LIVING FOR ALL LOS ANGELES (LA) COUNTY RESIDENTS THROUGH PROGRAMS, PROJECTS AND ACTIVITIES OF A PUBLIC NATURE. AS LA'S ONLY COUNTYWIDE ECONOMIC DEVELOPMENT ORGANIZATION, THE LAEDC PROVIDES COLLABORATIVE, INNOVATIVE, AND STRATEGIC ECONOMIC DEVELOPMENT LEADERSHIP TO PROMOTE A MORE ROBUST, EQUITABLE, SUSTAINABLE, AND RESILIENT LA COUNTY ECONOMY TO IMPROVE THE HEALTH AND WELLBEING OF THE REGION'S RESIDENTS AND COMMUNITIES AND ENABLE THOSE RESIDENTS TO MEET THEIR BASIC HUMAN NEED FOR A JOB. LAEDC ACHIEVES THIS THROUGH OBJECTIVE ECONOMIC RESEARCH AND ANALYSIS; PROGRAMMATIC AND ON-THE-GROUND TECHNICAL AND TRANSACTIONAL ASSISTANCE TO BUSINESS, GOVERNMENT, EDUCATION, AND WORKFORCE DEVELOPMENT SYSTEMS; AND TARGETED PUBLIC POLICY AND ISSUE ADVOCACY.
Cause Areas
1
Entrepreneurship
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Instantly get 50+ financial health and governance metrics, including LUNA.
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Frequently Asked Questions
What is ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY’s budget?
In 2024, ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY reported an annual operating budget of around $8.4 million. More detailed financial information is available to registered users.
What causes does ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY support?
ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY supports work in Entrepreneurship.
Where does ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY operate?
ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY is headquartered in LOS ANGELES, CA.
Who funded ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY recently?
In 2025, ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY received grants from CALIFORNIA EMERGING TECHNOLOGY FUND, AMERICAN ONLINE GIVING FOUNDATION INC, and UNITE-LA INC. More information on this organization’s funders is available to registered users.
What is the largest grant ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY received in 2024?
The largest grant to ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY in 2024 exceeds $184 thousand.
What is ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY’s reliance on government grants?
ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY relied on government grants for more than 15% of their total revenue in 2024.
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