Carpinteria Childrens Project

Analysis

Carpinteria Childrens Project is a registered charity in United States, based in Carpinteria, CA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Carpinteria Childrens Project reported income of $1.8m and spending of $2.0m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.8m (+10.0%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carpinteria Childrens Project sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include SCSC Inc ($1.8m), The Arizona Charter Schools Association ($1.8m) and New Heights Middle East Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $106k (5.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $126k, net assets of $1.4m. It reported 26 employees.