Los Angeles Artc Center Child Care

Analysis

Los Angeles Artc Center Child Care is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Los Angeles Artc Center Child Care reported income of $1.7m and spending of $1.3m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Los Angeles Artc Center Child Care 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 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Ashland County Council on Aging ($1.7m), Bikur Cholim ($1.7m) and Foundation for Women Warriors ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $809k. At year end it held assets of $2.2m against liabilities of $21k, net assets of $2.2m.