Spirit Child Development Center

Analysis

Spirit Child Development Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Spirit Child Development Center reported income of $467k and spending of $403k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $467k (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spirit Child Development Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Student Government State Universit Y of New York College ($467k), Drepung Gomang Institute ($467k) and Spirit and Grace Academy ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $100k against liabilities of $194k, net assets of -$94k. It reported 4 employees.