Child Development Consortium of Los Angeles Inc

Analysis

Child Development Consortium of Los Angeles Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Child Development Consortium of Los Angeles Inc reported income of $15.2m and spending of $14.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.2m to $15.2m (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child Development Consortium of Los Angeles Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Cadence Care Network ($15.2m), Scott-Carver-Dakota Cap Agency Inc ($15.2m) and Athelas Institute Inc ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $196k (1.4% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $8.8m against liabilities of $4.8m, net assets of $3.9m. It reported 175 employees.