Light of Knowledge Child Care Center Inc

Analysis

Light of Knowledge Child Care Center Inc is a registered charity in United States, based in Hawthorne, CA. It received its IRS tax-exemption ruling in August 2017, 9 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 December 2023, Light of Knowledge Child Care Center Inc reported income of $164k and spending of $164k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $143k to $164k (+15%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 97%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Light of Knowledge Child Care Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Kiwanis Club of Palo Alto Charitable Foundation ($164k), International Association of ($164k) and National Space Club Florida Committee Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,500 against liabilities of $0, net assets of $2,500.