Early Childhood Center Inc

Analysis

Early Childhood Center Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Early Childhood Center Inc reported income of $370k and spending of $386k, spending 104% of its income. Across the 4 years on record, from July 2020 to July 2023, income fell from $401k to $370k (-7.8%), an average of -2.7% a year. The sharpest change came in the year to July 2022, when income rose by 70%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Early Childhood Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Kids Club Kids ($370k), Childrens Castle Inc ($370k) and Box Elder Family Support Center Inc ($370k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $75k (19% of expenses). Other salaries and wages came to $205k. At year end it held assets of $501k against liabilities of $37k, net assets of $464k. It reported 17 employees.