Essex Child Center

Analysis

Essex Child Center is a registered charity in United States, based in Essex, IA. It received its IRS tax-exemption ruling in November 1980, 46 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Essex Child Center reported income of $456k and spending of $422k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $456k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Essex Child Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include South Dakota Junior Football Inc ($456k), Levey Day School ($456k) and Hudson Hospital Foundation ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Other salaries and wages came to $263k. At year end it held assets of $767k against liabilities of $5,088, net assets of $762k. It reported 39 employees.