Discovery Kids Learning Center Inc

Analysis

Discovery Kids Learning Center Inc is a registered charity in United States, based in Getzville, NY. It received its IRS tax-exemption ruling in January 1999, 27 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 2023, Discovery Kids Learning Center Inc reported income of $1.0m and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $956k to $1.0m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Discovery Kids Learning Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Cruces Creatives ($1.0m), Earthdance ($1.0m) and Kianga House Housing Development Fund Company Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $53k (4.7% of expenses). Other salaries and wages came to $708k. At year end it held assets of $604k against liabilities of $247k, net assets of $357k. It reported 41 employees.