Canterbury Childrens Center Canterbury School

Analysis

Canterbury Childrens Center Canterbury School is a registered charity in United States, based in Wakefield, MA. It received its IRS tax-exemption ruling in January 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Canterbury Childrens Center Canterbury School reported income of $1.2m and spending of $882k, leaving 29% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $654k to $1.2m (+91%), an average of +24% a year. The sharpest change came in the year to August 2022, when income rose by 62%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canterbury Childrens Center Canterbury School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Kansas Action for Children Inc ($1.2m), Loisaida Inc ($1.2m) and House of Love Youth Homes Inc ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $169k (19% of expenses). Other salaries and wages came to $476k. At year end it held assets of $1.6m against liabilities of $131k, net assets of $1.5m. It reported 27 employees.