Child Development Inc

Analysis

Child Development Inc is a registered charity in United States, based in Minersville, PA. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Child Development Inc reported income of $9.7m and spending of $9.6m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.5m to $9.7m (+13%), an average of +4.3% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Child Development Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Keswick Christian School Inc ($9.7m), Jacksonville Classical Academy Inc ($9.7m) and South Bronx Early College Academy Charter School ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $234k (2.4% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $3.2m against liabilities of $720k, net assets of $2.5m. It reported 165 employees.