Princeton Child Development Institute

Analysis

Princeton Child Development Institute is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in October 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Princeton Child Development Institute reported income of $10.4m and spending of $8.5m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $10.4m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Princeton Child Development Institute sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NJ. Charities of a similar size with the same main cause include Billings Clinic Foundation ($10.4m), CCS Early Learning ($10.4m) and Missionary Athletes International ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $528k (6.3% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $22.0m against liabilities of $2.7m, net assets of $19.3m. It reported 119 employees.