North Los Angeles County Regional Center Inc

Analysis

North Los Angeles County Regional Center Inc is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in April 1974, 52 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, North Los Angeles County Regional Center Inc reported income of $811.6m and spending of $812.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $507.3m to $811.6m (+60%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Los Angeles County Regional Center Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Ohio Child Care Resource and Referral Association ($800.9m), National Trust for Places of Historic Interest or Natural Beaut ($839.4m) and Mercy Health Partners ($783.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $1.4m (0.2% of expenses). Other salaries and wages came to $43.0m. At year end it held assets of $264.1m against liabilities of $200.2m, net assets of $64.0m. It reported 761 employees.