Community Based Education & Development

Analysis

Community Based Education & Development is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Community Based Education & Development reported income of $22.0m and spending of $20.6m, spending 93% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $12.4m to $22.0m (+77%), an average of +15% a year. The sharpest change came in the year to March 2021, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Based Education & Development 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 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Ksu Charitable Real Estate Foundation ($22.0m), The Seed School of Maryland Inc ($22.0m) and Yeshiva University High Schools ($22.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $394k (1.9% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $10.6m against liabilities of $3.8m, net assets of $6.8m. It reported 208 employees.