Altadena Childrens Center

Analysis

Altadena Childrens Center is a registered charity in United States, based in Altadena, CA. It received its IRS tax-exemption ruling in March 1996, 30 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 August 2023, Altadena Childrens Center reported income of $897k and spending of $971k, spending 108% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income fell from $1.0m to $897k (-11%), an average of -3.7% a year. The sharpest change came in the year to August 2022, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Altadena Childrens Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Residential Services Inc ($897k), El Dorado Housing Corporation ($897k) and Municipal Service Bureau Inc ($897k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $68k (7.0% of expenses). Other salaries and wages came to $525k. At year end it held assets of $521k against liabilities of $91k, net assets of $429k. It reported 27 employees.