LA’s $121 Million Homeless Boom – for the Nonprofits, Not the People

LOS ANGELES – Los Angeles politicians are facing heat over runaway homelessness spending and vanishing oversight – and taxpayers want to know where the money went. The scandal didn’t start this year; it’s been building since the day city and county leaders sold voters on a dream to “end homelessness.”

In 2015, 30 nonprofits cited in recent audit hearings reported a combined net loss of just over $12,000. By 2023–24, those same organizations reported more than $121.7 million in total revenue – a stunning reversal that mirrored a surge in public spending on homelessness.

That financial boom didn’t translate into results. In 2015, the Los Angeles Homeless Services Authority estimated 44,359 people were living without shelter countywide. By 2023, that number had soared to 75,518 – a 70 percent jump, despite years of new taxes and billions in funding…

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