Cedarbrook Early Learning Center

Analysis

Cedarbrook Early Learning Center is a registered charity in United States, based in Port Hadlock, WA. It received its IRS tax-exemption ruling in April 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, Cedarbrook Early Learning Center reported income of $814k and spending of $798k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $460k to $814k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cedarbrook Early Learning Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include RGC Access ($814k), Sixty and Better Inc ($814k) and Restored Inc ($814k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $108k (14% of expenses). Other salaries and wages came to $422k. At year end it held assets of $291k against liabilities of $30k, net assets of $261k. It reported 19 employees.