Psi Child Centers

Analysis

Psi Child Centers is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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 December 2023, Psi Child Centers reported income of $961k and spending of $845k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $571k to $961k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Psi Child Centers sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within HI. Charities of a similar size with the same main cause include Iredell County Rescue Squad Inc ($961k), Confucius Chinese Language School of Walnut & Diamond Bar ($961k) and Willie Mae Rock Camp for Girls Inc ($960k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $99k (12% of expenses). Other salaries and wages came to $381k. At year end it held assets of $1.1m against liabilities of $198k, net assets of $913k. It reported 21 employees.