Cradlerock Childrens Center Inc

Analysis

Cradlerock Childrens Center Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in June 2006, 20 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 2024, Cradlerock Childrens Center Inc reported income of $1.6m and spending of $1.8m, spending 109% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $1.2m to $1.6m (+30%), an average of +5.5% a year. The sharpest change came in the year to August 2021, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cradlerock Childrens Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Urban League of Kansas City Mo ($1.6m), Child and Family Service of Saginaw County ($1.6m) and Phoenix Youth and Family Services Inc ($1.6m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $413k against liabilities of $281k, net assets of $131k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.