Early Years Development Center Inc

Analysis

Early Years Development Center Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Early Years Development Center Inc reported income of $586k and spending of $788k, spending 135% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $610k to $586k (-4.0%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Early Years Development Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Kids Under Construction Inc ($586k), Mission of Hope Cancer Fund ($586k) and St Anthonys of Marathon Inc ($585k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $368k. At year end it held assets of $114k against liabilities of $378k, net assets of -$263k. It reported 24 employees.