Sprouts Child Development Initiative Inc

Analysis

Sprouts Child Development Initiative Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sprouts Child Development Initiative Inc reported income of $1.7m and spending of $2.2m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $415k to $1.7m (+316%), an average of +43% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sprouts Child Development Initiative Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OK. Charities of a similar size with the same main cause include Parents Educators-Teachers & Students in Action ($1.7m), Clearview Legacy Foundation ($1.7m) and Canton Harbor High School ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $479k (21% of expenses). Other salaries and wages came to $843k. At year end it held assets of $240k against liabilities of $419k, net assets of -$179k. It reported 23 employees.