Center for Caregiver Advancement

Analysis

Center for Caregiver Advancement is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Center for Caregiver Advancement reported income of $13.1m and spending of $12.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $13.1m (+192%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Caregiver Advancement sits at the 94th percentile: it is larger than about 94% 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 Durhams Partnership for Children ($13.1m), Pennsylvania Automotive Association Foundation ($13.1m) and Liberty Charter School ($13.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $777k (6.2% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $6.0m against liabilities of $962k, net assets of $5.0m. It reported 132 employees.