Psychoanalytic Center of California

Analysis

Psychoanalytic Center of California is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Psychoanalytic Center of California reported income of $267k and spending of $297k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $222k to $267k (+20%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Psychoanalytic Center of California sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Elk County Council on the Arts ($267k), Station L Rowing Club ($267k) and Clay County Memorial Hospital Foundation ($267k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Other salaries and wages came to $97k. At year end it held assets of $398k against liabilities of $229k, net assets of $169k.