Guilford Center for Children Inc

Analysis

Guilford Center for Children Inc is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in February 1972, 54 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, Guilford Center for Children Inc reported income of $2.4m and spending of $2.0m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $2.4m (+50%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guilford Center for Children Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include Thrive DC ($2.4m), El Centro de Libertad ($2.4m) and Sooiekidz Non Profit ($2.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $138k (6.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.1m against liabilities of $1.7m, net assets of $1.5m. It reported 63 employees.