Child Development Council of Central New York Inc

Analysis

Child Development Council of Central New York Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in October 1973, 53 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 December 2023, Child Development Council of Central New York Inc reported income of $2.4m and spending of $2.0m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.4m (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child Development Council of Central New York Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Bestprep ($2.4m), Boys & Girls Club of East Providence Inc ($2.4m) and Boys and Girls Club of Livingston County ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $94k (4.7% of expenses). Other salaries and wages came to $886k. At year end it held assets of $2.5m against liabilities of $363k, net assets of $2.2m. It reported 29 employees.