The Childrens Collective Inc

Analysis

The Childrens Collective Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1976, 50 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 June 2023, The Childrens Collective Inc reported income of $12.8m and spending of $12.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $12.8m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Childrens Collective Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Young Mens Christian Association of Middletown Ny ($12.8m), Behavioral Healthcare Services Inc ($12.8m) and Featherfist ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $469k (3.8% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $7.3m against liabilities of $6.2m, net assets of $1.2m. It reported 151 employees.