Children Aid and Development Organization Inc

Analysis

Children Aid and Development Organization Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Children Aid and Development Organization Inc reported income of $185k and spending of $156k, spending 84% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $150k to $185k (+23%), an average of +5.4% a year. The sharpest change came in the year to July 2023, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Children Aid and Development Organization Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include National Charity League of Glendale ($185k), Granite State Ambassadors Inc ($185k) and Lourdes Foundation Inc ($185k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.