Ocean Beach Child Care Project

Analysis

Ocean Beach Child Care Project is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 1976, 50 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 June 2024, Ocean Beach Child Care Project reported income of $1.1m and spending of $828k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $601k to $1.1m (+82%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ocean Beach Child Care Project sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Feeding It Forward Inc ($1.1m), Ascension Childcare ($1.1m) and Mental Health Association of Benton County Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $123k (15% of expenses). At year end it held assets of $708k against liabilities of $35k, net assets of $672k. It reported 17 employees.