Pasadena Child Development Associates Inc

Analysis

Pasadena Child Development Associates Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Pasadena Child Development Associates Inc reported income of $4.0m and spending of $3.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $4.0m (-9.4%), an average of -2.4% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pasadena Child Development Associates Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Clubs of the North Valley ($4.0m), Girl Scouts of Minnesota and Wisconsin Lakes and Pines ($4.0m) and Boys & Girls Club of Greater Nashua Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $189k (5.1% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $2.6m against liabilities of $1.5m, net assets of $1.0m. It reported 81 employees.