Early Horizons Child Development Center Inc

Analysis

Early Horizons Child Development Center Inc is a registered charity in United States, based in Salem, AR. It received its IRS tax-exemption ruling in November 2004, 22 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 December 2023, Early Horizons Child Development Center Inc reported income of $1.2m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $753k to $1.2m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Early Horizons Child Development Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within AR. Charities of a similar size with the same main cause include Community Joint Venture Inc ($1.2m), Georgetown Harmony Homes ($1.2m) and North Star Family Services Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $145k (12% of expenses). Other salaries and wages came to $580k. At year end it held assets of $2.0m against liabilities of $732k, net assets of $1.2m. It reported 58 employees.