Bristol Child Development Center Inc

Analysis

Bristol Child Development Center Inc is a registered charity in United States, based in Bristol, CT. It received its IRS tax-exemption ruling in June 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bristol Child Development Center Inc reported income of $2.3m and spending of $1.8m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income fell from $2.8m to $2.3m (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. 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, Bristol Child Development Center 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 85th percentile within CT. Charities of a similar size with the same main cause include Volunteers of America Inc ($2.3m), Sullins Academy Inc ($2.3m) and Mid-Peninsula San Ramon Housing Corporation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $57k (3.1% of expenses). Other salaries and wages came to $942k. At year end it held assets of $9.7m against liabilities of $2.0m, net assets of $7.7m. It reported 137 employees.