The Gifted Child Society

Analysis

The Gifted Child Society is a registered charity in United States, based in Ramsey, NJ. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Gifted Child Society reported income of $552k and spending of $504k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $603k to $552k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Gifted Child Society sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Motivate Our Minds Inc ($552k), Economic Growth Business Incubator ($552k) and Guadalupe Center Real Estate Holdings Inc ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $143k (28% of expenses). Other salaries and wages came to $124k. At year end it held assets of $708k against liabilities of $18k, net assets of $690k. It reported 54 employees.