Centro de Ninos Inc

Analysis

Centro de Ninos Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1977, 49 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 2023, Centro de Ninos Inc reported income of $3.1m and spending of $3.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.1m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Centro de Ninos Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Evergreen Christian Outreach ($3.1m), The Greater Washington Jewish Coalition Against Domestic Abuse ($3.1m) and Millennium Sistahs ($3.1m).

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 $181k (5.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.7m against liabilities of $1.5m, net assets of $122k. It reported 33 employees.