Sandite Child Development Center Inc

Analysis

Sandite Child Development Center Inc is a registered charity in United States, based in Sand Springs, OK. It received its IRS tax-exemption ruling in December 2005, 21 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, Sandite Child Development Center Inc reported income of $654k and spending of $525k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $654k (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sandite Child Development Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include United Way of Greenbrier Valley Inc ($654k), Hartt Inc ($654k) and Tumaini Ministries ($654k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $61k (12% of expenses). Other salaries and wages came to $278k. At year end it held assets of $502k against liabilities of $23k, net assets of $480k. It reported 19 employees.