Childrens Homes of Southern California

Analysis

Childrens Homes of Southern California is a registered charity in United States, based in West Hills, CA. It received its IRS tax-exemption ruling in June 1935, 91 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Childrens Homes of Southern California reported income of $718k and spending of $1.1m, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $718k (-58%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Homes of Southern California sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include My Community Cares Inc ($718k), Rosie Network Inc ($718k) and Mindful Sead ($718k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $168k (15% of expenses). Other salaries and wages came to $500k. At year end it held assets of $121k against liabilities of $527k, net assets of -$406k. It reported 32 employees.