A Coming of Age to Adulthood Inc

Analysis

A Coming of Age to Adulthood Inc is a registered charity in United States, based in Moreno Valley, CA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Coming of Age to Adulthood Inc reported income of $3.1m and spending of $3.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.1m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Coming of Age to Adulthood Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Intercultural Mutual Assistance Association of Se Minnesota Inc ($3.1m), Chattahoochee Hospice Inc ($3.1m) and Center for Children and Families Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $270k (8.4% of expenses). Other salaries and wages came to $420k. At year end it held assets of $1.2m against liabilities of $411k, net assets of $751k. It reported 21 employees.