Burlington Childrens Space Inc

Analysis

Burlington Childrens Space Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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, Burlington Childrens Space Inc reported income of $1.0m and spending of $1.2m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $903k to $1.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burlington Childrens Space Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within VT. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.0m), Goedert Senior Housing Corporation ($1.0m) and Trinity Terrace Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Other salaries and wages came to $792k. At year end it held assets of $526k against liabilities of $179k, net assets of $347k. It reported 38 employees.