South Bay Universal Child Development Center

Analysis

South Bay Universal Child Development Center is a registered charity in United States, based in Hawthorne, CA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, South Bay Universal Child Development Center reported income of $515k and spending of $501k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $506k to $515k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Bay Universal Child Development Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Wings Across Alabama ($515k), Kids Community Learning Center ($515k) and By Kids Inc ($515k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $94k (19% of expenses). Other salaries and wages came to $168k. At year end it held assets of $445k against liabilities of $382k, net assets of $63k. It reported 11 employees.