Family Child Development Center

Analysis

Family Child Development Center is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in November 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Family Child Development Center reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.3m (-1.6%), an average of -0.4% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Child Development Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Louisiana Naval War Memorial Commission ($1.3m), State Historical Society of Missouri ($1.3m) and Vermont Day School ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $181k (14% of expenses). Other salaries and wages came to $731k. At year end it held assets of $1.5m against liabilities of $835k, net assets of $642k. It reported 58 employees.