Community 5413 Dba Childrens Promise Center

Analysis

Community 5413 Dba Childrens Promise Center is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 2007, 19 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, Community 5413 Dba Childrens Promise Center reported income of $1.1m and spending of $1.1m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $493k to $1.1m (+119%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community 5413 Dba Childrens Promise Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NM. Charities of a similar size with the same main cause include Bilgrav School Inc ($1.1m), JLCS Facilities Inc ($1.1m) and Wisconsin Dells Education Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $52k (4.6% of expenses). Other salaries and wages came to $553k. At year end it held assets of $413k against liabilities of $59k, net assets of $353k. It reported 33 employees.