The Escondido Community Child Development Center

Analysis

The Escondido Community Child Development Center is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in January 1979, 47 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, The Escondido Community Child Development Center reported income of $6.6m and spending of $5.5m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $6.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Escondido Community Child Development Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Community Food Bank of San Benito County ($6.6m), Youth Educational Services Inc ($6.6m) and Camden S Charter School Network ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $194k (3.5% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $7.4m against liabilities of $1.3m, net assets of $6.1m. It reported 86 employees.