Circle Time Child Development Center Inc

Analysis

Circle Time Child Development Center Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2022, 4 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, Circle Time Child Development Center Inc reported income of $292k and spending of $298k, spending 102% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $183k to $292k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Circle Time Child Development Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Heritage Bible College ($292k), Collaborative Alliance Parents Teachers Students ($292k) and Andys Angels ($292k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $120k. At year end it held assets of $5,474 against liabilities of $0, net assets of $5,474.