San Luis Obispo Child Development Center

Analysis

San Luis Obispo Child Development Center is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in May 1971, 55 years ago. 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, San Luis Obispo Child Development Center reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.7m (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Luis Obispo Child Development Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Law Library Microform Consortium ($1.7m), Regular Baptist Fellowship Inc ($1.7m) and Teen Challenge Illinois ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Other salaries and wages came to $957k. At year end it held assets of $1.2m against liabilities of $201k, net assets of $1.0m. It reported 45 employees.