The Center for Child Care and Development Inc

Analysis

The Center for Child Care and Development Inc is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in November 1972, 54 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 June 2024, The Center for Child Care and Development Inc reported income of $2.2m and spending of $1.9m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.6m to $2.2m (+40%), an average of +6.9% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Center for Child Care and Development Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Heralds of Hope Inc ($2.2m), The Crowley Carter Foundation ($2.2m) and Centerlight Health System Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $124k (6.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.7m against liabilities of $185k, net assets of $3.5m. It reported 43 employees.