Eastern Child Development Center

Analysis

Eastern Child Development Center is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Eastern Child Development Center reported income of $1.9m and spending of $1.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.9m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Child Development Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NM. Charities of a similar size with the same main cause include Environmental Leadership Program ($1.9m), Wakullas Charter School of Arts and Technology Inc ($1.9m) and Innerwill ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $886k. At year end it held assets of $1.4m against liabilities of $19k, net assets of $1.4m. It reported 61 employees.