Jefferson Child Care & Education Center

Analysis

Jefferson Child Care & Education Center is a registered charity in United States, based in LK Hopatcong, NJ. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jefferson Child Care & Education Center reported income of $1.2m and spending of $954k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jefferson Child Care & Education Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Mission Central Metroplex Inc ($1.2m), Sierra House ($1.2m) and Healthy Start Coalition of Seminole County Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $73k (7.6% of expenses). Other salaries and wages came to $601k. At year end it held assets of $1.7m against liabilities of $118k, net assets of $1.6m. It reported 37 employees.