Palisades Jewish Early Childhood Center Chabad Inc

Analysis

Palisades Jewish Early Childhood Center Chabad Inc is a registered charity in United States, based in Pacific PLSDS, CA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Palisades Jewish Early Childhood Center Chabad Inc reported income of $1.9m and spending of $2.0m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palisades Jewish Early Childhood Center Chabad Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Arizona Latino Leaders in Education ($1.9m), Community Council Education Services Inc ($1.9m) and Monument Academy Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $952k. At year end it held assets of $217k against liabilities of $118k, net assets of $98k. It reported 24 employees.