Children At-Promise Early Learning Center

Analysis

Children At-Promise Early Learning Center is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in January 2015, 11 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, Children At-Promise Early Learning Center reported income of $858k and spending of $800k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $555k to $858k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children At-Promise Early Learning Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Operation Serve Inc ($858k), Stand Up and Play Foundation ($858k) and Troy-Johnson Learning Korner Inc ($858k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. Other salaries and wages came to $446k. At year end it held assets of $429k against liabilities of $126k, net assets of $303k. It reported 26 employees.