Centinela Youth Services Inc

Analysis

Centinela Youth Services Inc is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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, Centinela Youth Services Inc reported income of $3.3m and spending of $3.0m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.3m (+93%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centinela Youth Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Greenwood School Inc ($3.3m), Colorado Sheet Metal Workers Training Fund ($3.3m) and A Place to Be ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $124k (4.2% of expenses). Other salaries and wages came to $1.5m. It paid $52k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $453k, net assets of $1.3m. It reported 39 employees.