Elkhart Child Development Center Inc

Analysis

Elkhart Child Development Center Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in November 1970, 56 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 December 2023, Elkhart Child Development Center Inc reported income of $723k and spending of $602k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $723k (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elkhart Child Development 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 75th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Bethany Community School of Tulsa Inc ($723k), Oikos University ($723k) and Proclaiming Justice to the Nations Inc ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $78k (13% of expenses). Other salaries and wages came to $330k. At year end it held assets of $512k against liabilities of $8,121, net assets of $504k. It reported 20 employees.