Childrens Center Inc

Analysis

Childrens Center Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Childrens Center Inc reported income of $1.0m and spending of $1.0m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.2m to $1.0m (-16%), an average of -4.3% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Carjan Corporation ($1.0m), Doctors Goodwill Foundation Inc ($1.0m) and Cafe Hope Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $598k. At year end it held assets of $1.6m against liabilities of $1.5m, net assets of $99k. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.