Childrens Dyslexia Centers Inc

Analysis

Childrens Dyslexia Centers Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 August 2023, Childrens Dyslexia Centers Inc reported income of $2.0m and spending of $7.0m, spending 350% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $6.7m to $2.0m (-70%), an average of -26% a year. The sharpest change came in the year to August 2021, when income rose by 162%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Childrens Dyslexia Centers Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include F E a S T Inc ($2.0m), Meuse Family Foundation ($2.0m) and Big Spring Area Community Foundation Inc ($2.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 230% and program service revenue 16% of the total. Other salaries and wages came to $4.6m. At year end it held assets of $62.2m against liabilities of $108k, net assets of $62.1m. It reported 477 employees.