Childrens Center of Oswego Inc

Analysis

Childrens Center of Oswego Inc is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in March 1980, 46 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 August 2023, Childrens Center of Oswego Inc reported income of $666k and spending of $653k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $550k to $666k (+21%), an average of +4.9% a year. The sharpest change came in the year to August 2023, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Center of Oswego Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Council on Aging of Greater Nashville ($666k), Idaho Parents Unlimited Inc ($666k) and Children First of Cleveland ($666k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $74k (11% of expenses). Other salaries and wages came to $413k. At year end it held assets of $674k against liabilities of $52k, net assets of $623k. It reported 22 employees.