Easter Seals Southern California Inc

Analysis

Easter Seals Southern California Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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, Easter Seals Southern California Inc reported income of $445.0m and spending of $423.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $295.6m to $445.0m (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Easter Seals Southern California Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Long Island University ($438.6m), Summit Foundation ($447.1m) and Pew Memorial Trust ($428.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.6m (0.4% of expenses). Other salaries and wages came to $133.3m. It paid $30k in professional fundraising fees. At year end it held assets of $192.7m against liabilities of $60.0m, net assets of $132.7m. It reported 3,554 employees.