Concilio Child Development Centers

Analysis

Concilio Child Development Centers is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in February 1982, 44 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, Concilio Child Development Centers reported income of $2.2m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.2m (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concilio Child Development Centers sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Montessori School of Beaverton Ltd ($2.2m), NVSBC Education Foundation Inc ($2.2m) and Beth Jacob High School ($2.2m).

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 $138k (6.0% of expenses). Other salaries and wages came to $995k. At year end it held assets of $848k against liabilities of $565k, net assets of $283k. It reported 28 employees.