Mid-Fairfield Child Guidance Center Inc

Analysis

Mid-Fairfield Child Guidance Center Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in September 1958, 68 years ago. 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 2023, Mid-Fairfield Child Guidance Center Inc reported income of $6.8m and spending of $5.5m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $6.8m (+81%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 34%. 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, Mid-Fairfield Child Guidance Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include Beth Jacob Day Care Center Inc ($6.8m), South Central Community Action Partnership Inc ($6.8m) and Northeast Independent Living Program Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $142k (2.6% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $2.4m against liabilities of $603k, net assets of $1.8m. It reported 78 employees.