Carmelite Child Developement Center

Analysis

Carmelite Child Developement Center is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 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, Carmelite Child Developement Center reported income of $580k and spending of $563k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $580k (-55%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carmelite Child Developement 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 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Tara Hall ($580k), Eagledancer Youth & Family Services LLC ($580k) and Blue Umbrella Experience Inc ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 83% of the total. Other salaries and wages came to $295k. At year end it held assets of $1.9m against liabilities of $34k, net assets of $1.9m. It reported 13 employees.