Good Child Development Center Inc

Analysis

Good Child Development Center Inc is a registered charity in United States, based in Milford, CT. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Good Child Development Center Inc reported income of $2.2m and spending of $2.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.2m (+79%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Child Development Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Ukrainian Community Center of Washington ($2.2m), Chosen Children Ministries ($2.2m) and Presbyterian Community Center Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $206k (11% of expenses). Other salaries and wages came to $973k. At year end it held assets of $4.2m against liabilities of $2.1m, net assets of $2.1m. It reported 58 employees.