Tikvah-Etta & Lazear Israel Center for the Developmentally Disabled

Analysis

Tikvah-Etta & Lazear Israel Center for the Developmentally Disabled is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Tikvah-Etta & Lazear Israel Center for the Developmentally Disabled reported income of $12.5m and spending of $11.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $12.5m (+61%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tikvah-Etta & Lazear Israel Center for the Developmentally Disabled 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 96th percentile within CA. Charities of a similar size with the same main cause include National Childrens Cancer Society Inc ($12.5m), Brevard Music Center Incorporated ($12.5m) and Village School Inc ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $1.0m (8.9% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $10.2m against liabilities of $4.7m, net assets of $5.5m. It reported 284 employees.