Echo Park Silverlake Peoples Child Care Center

Analysis

Echo Park Silverlake Peoples Child Care Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Echo Park Silverlake Peoples Child Care Center reported income of $588k and spending of $591k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $492k to $588k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Echo Park Silverlake Peoples Child Care Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Abc & Me ($587k), Bethel New Life Inc ($588k) and Delphos Senior Citizens Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Other salaries and wages came to $368k. It paid $1,279 in professional fundraising fees. At year end it held assets of $160k against liabilities of $163k, net assets of -$2,904. It reported 9 employees.