Henry B and Etta Stokes Child Development Center

Analysis

Henry B and Etta Stokes Child Development Center is a registered charity in United States, based in Buies Creek, NC. It received its IRS tax-exemption ruling in March 2007, 19 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, Henry B and Etta Stokes Child Development Center reported income of $464k and spending of $465k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $464k (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Henry B and Etta Stokes Child Development Center sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include East Cleveland Neighborhood Center Inc ($464k), Destiny Towers Inc ($464k) and Anchor Lancaster ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $65k (14% of expenses). Other salaries and wages came to $279k. At year end it held assets of $202k against liabilities of $1,185, net assets of $200k. It reported 37 employees.