Childrens Garden of Learning
Analysis
Childrens Garden of Learning is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in February 2003, 23 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 May 2023, Childrens Garden of Learning reported income of $1.1m and spending of $1.0m, spending 94% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $825k to $1.1m (+31%), an average of +6.9% a year. The sharpest change came in the year to May 2021, when income rose by 31%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Garden of Learning sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include West Valley Lutheran Thrift Shop Inc ($1.1m), Waters Center for Systems Thinking Inc ($1.1m) and Seasoned Women Inc ($1.1m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $122k (12% of expenses). Other salaries and wages came to $531k. At year end it held assets of $551k against liabilities of $81k, net assets of $470k. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 80%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| West Valley Lutheran Thrift Shop Inc | Phoenix | $1.1m |
| Waters Center for Systems Thinking Inc | Tucson | $1.1m |
| Seasoned Women Inc | Hopkinsville | $1.1m |
| Cotton Boll Handicapped Housing Inc | Kennett | $1.1m |