Special Children Center

Analysis

Special Children Center is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in January 2002, 24 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, Special Children Center reported income of $22.9m and spending of $18.5m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.9m to $22.9m (+131%), an average of +23% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special Children Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Homeless Services Network of Central Florida Inc ($22.9m), Sunny Hill Inc ($22.9m) and Food Depot ($22.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $222k (1.2% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $40.1m against liabilities of $5.1m, net assets of $35.1m. It reported 680 employees.