The Childs-Pace Foundation Inc

Analysis

The Childs-Pace Foundation Inc is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The Childs-Pace Foundation Inc reported income of $492k and spending of $487k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $814k to $492k (-40%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Childs-Pace Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include The Landing Place Inc ($492k), Good Shepherd Child Care Center Inc ($492k) and Pacific Foundation for Blind Children ($492k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $93k (19% of expenses). Other salaries and wages came to $193k. At year end it held assets of $530k against liabilities of $472k, net assets of $58k. It reported 9 employees.