St Albans Early Childhood Center Inc

Analysis

St Albans Early Childhood Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1974, 52 years ago. 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 September 2023, St Albans Early Childhood Center Inc reported income of $6.8m and spending of $6.2m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.3m to $6.8m (+59%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Albans Early Childhood Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 83rd percentile within DC. Charities of a similar size with the same main cause include Nutriservice Incorporated ($6.8m), Alexander Milne Developmental Services ($6.8m) and Nebraska Urban Indian Health Coalition Inc ($6.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $3.3m against liabilities of $1.1m, net assets of $2.2m. It reported 93 employees.