Miami Valley Child Development Centers Inc

Analysis

Miami Valley Child Development Centers Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in July 1968, 58 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, Miami Valley Child Development Centers Inc reported income of $48.0m and spending of $45.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.9m to $48.0m (+30%), an average of +6.8% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Miami Valley Child Development Centers Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include John Knox Village of Central Florida Inc ($47.9m), Cen-Clear Child Services Inc ($48.1m) and Healthy Start Momcare Network Inc ($47.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $971k (2.1% of expenses). Other salaries and wages came to $21.4m. At year end it held assets of $14.6m against liabilities of $4.5m, net assets of $10.1m. It reported 611 employees.