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Parent - Child Center Inc

RegisteredEIN 03-0280370Middlebury, VTOther charitable purposes
Income$2.9m2024-06
Spending$2.6msame year
Spent / received92%5-year average
Size in its cause88th pctOther charitable purposes
Exempt since1981Publicly supported organisat
Employees41latest return

Analysis

Parent - Child Center Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in January 1981, 45 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2024, Parent - Child Center Inc reported income of $2.9m and spending of $2.6m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.2m to $2.9m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parent - Child Center Inc 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 89th percentile, and in the 88th percentile within VT. Charities of a similar size with the same main cause include Harrison County Handicapped Group Home Corp ($2.9m), Dallas 24 Hour Club Inc ($2.9m) and Habitat for Humanity York County ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $139k (5.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.9m against liabilities of $250k, net assets of $3.6m. It reported 41 employees.

Income and spending

$0$720k$1.4m$2.2m$2.9m2020 Income: $2,164,0562020 Spending: $2,067,74720202021 Income: $2,672,2972021 Spending: $2,126,77320212022 Income: $2,514,9952022 Spending: $2,364,77920222023 Income: $2,332,5182023 Spending: $2,364,63820232024 Income: $2,879,2522024 Spending: $2,631,4872024
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Program services 3.1%
  • Other 4.5%

Similar-sized charities, same cause

CharityLocationIncome
Harrison County Handicapped Group Home CorpBethany$2.9m
Dallas 24 Hour Club IncDallas$2.9m
Habitat for Humanity York CountyKennebunk$2.9m
Million Dollar Round Table FoundationPark Ridge$2.9m