A Childs Place Learning Center Inc

Analysis

A Childs Place Learning Center Inc is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, A Childs Place Learning Center Inc reported income of $827k and spending of $889k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $696k to $827k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 18%. 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, A Childs Place Learning Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Tiny Tykes Child Care Center Ltd ($827k), Logan Community Day Care Association Inc ($827k) and Germantown Life Enrichment Center ($827k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $22k (2.4% of expenses). Other salaries and wages came to $547k. At year end it held assets of $1.1m against liabilities of $95k, net assets of $1.0m. It reported 35 employees.