Westmoreland Childrens Center Inc

Analysis

Westmoreland Childrens Center Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in February 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Westmoreland Childrens Center Inc reported income of $2.4m and spending of $2.2m, spending 92% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.0m to $2.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to August 2022, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Westmoreland Childrens Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Helen R Tucker Adult Developmental Center Inc ($2.4m), Berkeley Youth Alternatives ($2.4m) and Piedmont Agency on Aging Inc ($2.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $258k (12% of expenses). Other salaries and wages came to $991k. At year end it held assets of $2.9m against liabilities of $886k, net assets of $2.0m. It reported 39 employees.