Childrens Center at Caltech

Analysis

Childrens Center at Caltech is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 1984, 42 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 September 2023, Childrens Center at Caltech reported income of $3.5m and spending of $3.2m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.2m to $3.5m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to September 2021, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Center at Caltech sits at the 88th percentile: it is larger than about 88% 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 Connecticut Coalition to End Homelessness Inc ($3.5m), North Capitol Collaborative ($3.5m) and Lee & Beulah Moor Childrens Home ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $262k (8.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.5m against liabilities of $446k, net assets of $2.1m. It reported 52 employees.