L I Child and Family Development Services Inc

Analysis

L I Child and Family Development Services Inc is a registered charity in United States, based in Patchogue, NY. It received its IRS tax-exemption ruling in August 1988, 38 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 November 2023, L I Child and Family Development Services Inc reported income of $27.5m and spending of $27.5m, spending 100% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $20.4m to $27.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to November 2022, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, L I Child and Family Development Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include St Francis Community Health Services ($27.5m), The McGregor Foundation ($27.6m) and Council for Advancement and Support of Education ($27.5m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $641k (2.3% of expenses). Other salaries and wages came to $15.5m. At year end it held assets of $10.0m against liabilities of $3.6m, net assets of $6.5m. It reported 406 employees.