Childrens Center

Analysis

Childrens Center is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Childrens Center reported income of $1.9m and spending of $1.9m, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.9m (+54%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within ME. Charities of a similar size with the same main cause include Afip Inc ($1.9m), William Bradford Christian School Inc ($1.9m) and Sandusky Education Foundation ($1.9m).

On its Form 990 for the period ending August 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 $85k (4.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.2m against liabilities of $502k, net assets of $736k. It reported 45 employees.