Child Development Resources of Ventura County Inc

Analysis

Child Development Resources of Ventura County Inc is a registered charity in United States, based in Oxnard, CA. It received its IRS tax-exemption ruling in May 1975, 51 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 2024, Child Development Resources of Ventura County Inc reported income of $87.6m and spending of $87.4m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $53.6m to $87.6m (+64%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 22%. 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, Child Development Resources of Ventura County Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Indiana Institute of Technology Inc ($87.2m), Oklahoma Baptist University ($87.9m) and Alma College ($87.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $454k (0.5% of expenses). Other salaries and wages came to $24.0m. At year end it held assets of $36.7m against liabilities of $33.6m, net assets of $3.1m. It reported 450 employees.