Childrens Learning Center at Morningside Heights Inc

Analysis

Childrens Learning Center at Morningside Heights Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2021, Childrens Learning Center at Morningside Heights Inc reported income of $584k and spending of $733k, spending 126% of what it took in. Across the 3 years on record, from June 2019 to June 2021, income fell from $1.0m to $584k (-42%), an average of -24% a year. The sharpest change came in the year to June 2021, when income dropped by 48%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Learning Center at Morningside Heights Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Young Womens Christian Association of Alexandria Louisiana Inc ($584k), Virginia Bleeding Disorders Foundation ($584k) and Open Hearth Cleans Inc ($584k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 6.9% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $157k (21% of expenses). Other salaries and wages came to $285k. At year end it held assets of $484k against liabilities of $183k, net assets of $301k. It reported 13 employees.