Released Time Christian Education for Chino Valley

Analysis

Released Time Christian Education for Chino Valley is a registered charity in United States, based in Chino Hills, CA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Released Time Christian Education for Chino Valley reported income of $94k and spending of $106k, spending 114% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $168k to $94k (-44%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Released Time Christian Education for Chino Valley sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Gunners Youth Club Inc ($94k), Dien Hong Youth Foundation ($94k) and Downingtown Area Robotics ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $12k (11% of expenses). At year end it held assets of $193k against liabilities of $4,221, net assets of $189k.