Specialized Early Childhood Center of Western New York Inc

Analysis

Specialized Early Childhood Center of Western New York Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Specialized Early Childhood Center of Western New York Inc reported income of $3.5m and spending of $3.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $3.5m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Specialized Early Childhood Center of Western New York Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Northeast Workforce Development Board Inc ($3.5m), Queens University of Charlotte Endowment ($3.5m) and Texas Liver Institute Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $149k (4.3% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.8m against liabilities of $264k, net assets of $1.5m. It reported 94 employees.