The Center Inc

Analysis

The Center Inc is a registered charity in United States, based in Hemet, CA. It received its IRS tax-exemption ruling in January 1990, 36 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 December 2023, The Center Inc reported income of $138k and spending of $180k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $138k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 192% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Center Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Orcutt National Little League Inc ($138k), Peavey Project Inc ($138k) and Society of American Military Engineers ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $95k. At year end it held assets of $107k against liabilities of $0, net assets of $107k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.