Loving Arms Child Development Center Inc

Analysis

Loving Arms Child Development Center Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 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 December 2023, Loving Arms Child Development Center Inc reported income of $289k and spending of $285k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $235k to $289k (+23%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loving Arms Child Development Center Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include College Care for Kids ($289k), Leader Center for Active Life ($289k) and Claras Hope ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (31% of expenses). Other salaries and wages came to $91k. At year end it held assets of $3,822 against liabilities of $0, net assets of $3,822. It reported 8 employees.