Coronado Childrens Center

Analysis

Coronado Childrens Center is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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, Coronado Childrens Center reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $823k to $1.2m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coronado Childrens Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NM. Charities of a similar size with the same main cause include House DC Inc ($1.2m), Pima County Junior Livestock Sales Inc ($1.2m) and Diocese of Norwich Outreach to Haiti ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $153k (11% of expenses). Other salaries and wages came to $571k. At year end it held assets of $181k against liabilities of $25k, net assets of $155k. It reported 20 employees.