Broadcasters Child Development

Analysis

Broadcasters Child Development is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1982, 44 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 August 2023, Broadcasters Child Development reported income of $3.0m and spending of $3.4m, spending 115% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.3m to $3.0m (+30%), an average of +6.8% a year. The sharpest change came in the year to August 2022, when income rose by 35%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Broadcasters Child Development sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 73rd percentile within DC. Charities of a similar size with the same main cause include Blount County Community Action Agency Inc ($3.0m), One Good Turn ($3.0m) and Adoption Option Inc ($3.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $136k (4.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.0m against liabilities of $2.6m, net assets of -$563k. It reported 40 employees.