Fairfield Child Development Center

Analysis

Fairfield Child Development Center is a registered charity in United States, based in Fairfield, OH. It received its IRS tax-exemption ruling in June 2002, 24 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 June 2023, Fairfield Child Development Center reported income of $251k and spending of $232k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $207k to $251k (+21%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairfield Child Development Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Reading to Kids ($251k), Friends of the University of Stellenbosch Foundation ($251k) and Midwest Principals Center Inc ($251k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $41k (17% of expenses). Other salaries and wages came to $111k. At year end it held assets of $314k against liabilities of $92k, net assets of $222k. It reported 18 employees.