Center for the Development of Children Inc

Analysis

Center for the Development of Children Inc is a registered charity in United States, based in Dover, MA. It received its IRS tax-exemption ruling in November 2013, 13 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 June 2024, Center for the Development of Children Inc reported income of $765k and spending of $699k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $460k to $765k (+66%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for the Development of Children Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Campaign for Cardinal Spellman High School Foundation Inc ($765k), Virginia Technical Institute ($765k) and Adi Shakti Ashram ($765k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $81k (12% of expenses). Other salaries and wages came to $286k. At year end it held assets of $1.2m against liabilities of $685k, net assets of $530k. It reported 12 employees.