Plaza de LA Raza Child Development Services Inc

Analysis

Plaza de LA Raza Child Development Services Inc is a registered charity in United States, based in City Industry, CA. It received its IRS tax-exemption ruling in August 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Plaza de LA Raza Child Development Services Inc reported income of $18.5m and spending of $18.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.1m to $18.5m (-16%), an average of -4.4% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plaza de LA Raza Child Development Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Nansemond-Suffolk Academy Association Incorporated ($18.4m), Franklin Towne Charter Elementary School ($18.5m) and Academics Plus Charter Schools Inc ($18.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $187k (1.0% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $6.7m against liabilities of $6.9m, net assets of -$171k. It reported 257 employees.