Rio Grande Child Development Center & Family Services

Analysis

Rio Grande Child Development Center & Family Services is a registered charity in United States, based in Del Norte, CO. It received its IRS tax-exemption ruling in February 2009, 17 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, Rio Grande Child Development Center & Family Services reported income of $1.7m and spending of $1.3m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $1.7m (+1.0%), an average of +0.3% a year. The sharpest change came in the year to June 2021, when income dropped by 49%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rio Grande Child Development Center & Family Services sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Lifecycle Building Center Inc ($1.7m), Canticle Farm ($1.7m) and Jackson Leadership Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (3.8% of expenses). Other salaries and wages came to $710k. At year end it held assets of $3.4m against liabilities of $32k, net assets of $3.3m. It reported 28 employees.