Child Development Council of Franklin County

Analysis

Child Development Council of Franklin County is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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 October 2023, Child Development Council of Franklin County reported income of $17.7m and spending of $35.3m, spending 200% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $33.7m to $17.7m (-48%), an average of -15% a year. The sharpest change came in the year to October 2023, when income dropped by 48%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child Development Council of Franklin County sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Village Center for Care ($17.7m), J M Perry Institute of Trades Industries & Agriculture ($17.7m) and Park West Health Systems Incorporated ($17.7m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 89% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $553k (1.6% of expenses). Other salaries and wages came to $16.7m. At year end it held assets of $9.4m against liabilities of $24.9m, net assets of -$15.4m. It reported 427 employees.