Springfield Area Parent Child Center

Analysis

Springfield Area Parent Child Center is a registered charity in United States, based in North Springfield, VT. It received its IRS tax-exemption ruling in October 1992, 34 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 June 2023, Springfield Area Parent Child Center reported income of $2.6m and spending of $2.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.6m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Springfield Area Parent Child Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within VT. Charities of a similar size with the same main cause include Womens Division Christian Service Gum Moon Residence Hall ($2.6m), Young Womens Christian Association of Memphis Tenn ($2.6m) and Association for the Developmentally Disabled of Woodford County ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 41% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $3.8m against liabilities of $2.2m, net assets of $1.6m. It reported 44 employees.