Child Educational Center Caltech JPL Community

Analysis

Child Educational Center Caltech JPL Community is a registered charity in United States, based in LA Canada, CA. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Child Educational Center Caltech JPL Community reported income of $10.2m and spending of $9.1m, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $8.5m to $10.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to August 2022, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child Educational Center Caltech JPL Community sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Family Resources Inc ($10.2m), Toledo Seagate Food Bank Inc ($10.2m) and Jewish Silicon Valley ($10.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $655k (7.2% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $10.5m against liabilities of $5.3m, net assets of $5.2m. It reported 150 employees.