Bennington Early Childhood Center

Analysis

Bennington Early Childhood Center is a registered charity in United States, based in Bennington, VT. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Bennington Early Childhood Center reported income of $819k and spending of $798k, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $570k to $819k (+44%), an average of +7.5% a year. The sharpest change came in the year to June 2020, when income rose by 15%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bennington Early Childhood Center 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 74th percentile within VT. Charities of a similar size with the same main cause include The Japanese School of Guam ($819k), Baker County Christian Co-Op ($819k) and Whitemarsh Boat Club ($818k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $54k (6.8% of expenses). Other salaries and wages came to $555k. At year end it held assets of $1.2m against liabilities of $462k, net assets of $739k. It reported 37 employees.