Just What I Needed Child Development Center Inc

Analysis

Just What I Needed Child Development Center Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in October 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, Just What I Needed Child Development Center Inc reported income of $630k and spending of $941k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $630k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Just What I Needed Child Development Center Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Odyssey Leadership Academy ($629k), New World Montessori School Ltd ($630k) and Boz Life Science Research and Teaching Institute ($629k).

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. Other salaries and wages came to $354k. At year end it held assets of $191k against liabilities of $78k, net assets of $112k. It reported 30 employees.