First Years Childrens Center

Analysis

First Years Childrens Center is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in September 2014, 12 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, First Years Childrens Center reported income of $2.0m and spending of $1.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.0m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Years Childrens Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Atrio Home Health Lakeshore ($2.0m), Oasis Womens Center ($2.0m) and Parents and Friends of the Community Integration SVCS Corp ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $212k (12% of expenses). Other salaries and wages came to $963k. At year end it held assets of $287k against liabilities of $719, net assets of $287k. It reported 57 employees.