Child Care Resource Center Inc

Analysis

Child Care Resource Center Inc is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Child Care Resource Center Inc reported income of $489.3m and spending of $487.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $289.5m to $489.3m (+69%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Child Care Resource Center 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 Boy Scouts of America ($266.9m), Young Life ($491.8m) and Fellowship of Christian Athletes ($220.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $2.3m (0.5% of expenses). Other salaries and wages came to $62.8m. At year end it held assets of $142.1m against liabilities of $112.4m, net assets of $29.6m. It reported 1,276 employees.