Raise a Child Incorporated
Analysis
Raise a Child Incorporated is a registered charity in United States, based in Hollywood, CA. It received its IRS tax-exemption ruling in November 2012, 14 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 December 2023, Raise a Child Incorporated reported income of $1.2m and spending of $1.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+8.0%), an average of +1.9% a year. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raise a Child Incorporated sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Young Men Christian Association of West San Gabriel Valley ($1.2m), Synergy in Action Inc ($1.2m) and Monterey Bay Horsemanship & Therapeutic Center ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (9.2% of expenses). Other salaries and wages came to $459k. It paid $41k in professional fundraising fees. At year end it held assets of $437k against liabilities of $84k, net assets of $353k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Young Men Christian Association of West San Gabriel Valley | Alhambra | $1.2m |
| Synergy in Action Inc | Columbus | $1.2m |
| Monterey Bay Horsemanship & Therapeutic Center | Watsonville | $1.2m |
| Wholesome Riches | Sewell | $1.2m |