Society for Research in Child Development

Analysis

Society for Research in Child Development is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1955, 71 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 June 2023, Society for Research in Child Development reported income of $5.6m and spending of $6.6m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.1m to $5.6m (-31%), an average of -8.8% a year. The sharpest change came in the year to June 2020, when income dropped by 51%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Research in Child Development sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Berkeley Music Group ($5.6m), Westport Country Playhouse Inc ($5.6m) and Iop Publishing Incorporated ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $230k (3.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $19.4m against liabilities of $855k, net assets of $18.5m. It reported 28 employees.