Sandia Child Development Center Inc

Analysis

Sandia Child Development Center Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Sandia Child Development Center Inc reported income of $860k and spending of $804k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $839k to $860k (+2.6%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sandia Child Development Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within NM. Charities of a similar size with the same main cause include Vermilion Country School ($860k), Mississippi Farm Bureau Foundation & Relief Fund Inc ($861k) and Destiny Christian Academy Inc ($860k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $14k (1.7% of expenses). Other salaries and wages came to $434k. At year end it held assets of $756k against liabilities of $183k, net assets of $573k. It reported 27 employees.