The Childrens Center of Western North Carolina

Analysis

The Childrens Center of Western North Carolina is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in May 2004, 22 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, The Childrens Center of Western North Carolina reported income of $806k and spending of $804k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $587k to $806k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Childrens Center of Western North Carolina 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 77th percentile within NC. Charities of a similar size with the same main cause include Faush-Metropolitan Manor ($805k), The Simple Way ($806k) and Bay View Community Center of Milwaukee Inc ($805k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $77k (9.6% of expenses). Other salaries and wages came to $448k. At year end it held assets of $467k against liabilities of $7,396, net assets of $459k. It reported 28 employees.