Fayette County Child Development Inc
Analysis
Fayette County Child Development Inc is a registered charity in United States, based in Oak Hill, WV. It received its IRS tax-exemption ruling in February 1983, 43 years ago. 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 July 2024, Fayette County Child Development Inc reported income of $4.5m and spending of $4.5m, spending 98% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $4.2m to $4.5m (+8.7%), an average of +2.1% a year. The sharpest change came in the year to July 2022, when income rose by 22%. Over the whole period it spent 96% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fayette County Child Development Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WV. Charities of a similar size with the same main cause include Community Alternatives Inc ($4.5m), Bishop Grady Villas ($4.5m) and Highland Lakes Baptist Encampment Inc ($4.5m).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $77k (1.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.8m against liabilities of $802k, net assets of $1.0m. It reported 104 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Alternatives Inc | New Castle | $4.5m |
| Bishop Grady Villas | Saint Cloud | $4.5m |
| Highland Lakes Baptist Encampment Inc | Spicewood | $4.5m |
| Philanthropy New York Inc | New York | $4.5m |