Lena Sears Child Development Center

Analysis

Lena Sears Child Development Center is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2009, 17 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, Lena Sears Child Development Center reported income of $676k and spending of $642k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $676k (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 41%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lena Sears Child Development Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Meyers Non-Profit Housing Corporation ($676k), Hunger Task Force of LA Crosse Inc ($676k) and Options Clinic ($676k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $371k (58% of expenses). At year end it held assets of $278k against liabilities of $516k, net assets of -$239k. It reported 14 employees.