East Orange Child Development Corp

Analysis

East Orange Child Development Corp is a registered charity in United States, based in East Orange, NJ. It received its IRS tax-exemption ruling in November 1980, 46 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 December 2023, East Orange Child Development Corp reported income of $8.3m and spending of $8.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.9m to $8.3m (+5.8%), an average of +1.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Orange Child Development Corp sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Institute for Transportation and Development Policy ($8.3m), Broward Performing Arts Foundation Inc ($8.3m) and Family Services Incorporated ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.2% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $3.5m against liabilities of $6.2m, net assets of -$2.7m. It reported 116 employees.