Central City Neighborhood Partners

Analysis

Central City Neighborhood Partners is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Central City Neighborhood Partners reported income of $3.6m and spending of $3.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $3.6m (+186%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central City Neighborhood Partners sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Sunnybrook Childrens Home Inc ($3.6m), Womens Resource Center for the Grand Traverse Area ($3.6m) and Ideal Senior Living Center Housing Corporation ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $112k (3.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.5m against liabilities of $364k, net assets of $1.1m. It reported 47 employees.