Faa Child Development Center Inc

Analysis

Faa Child Development Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2014, 12 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, Faa Child Development Center Inc reported income of $214k and spending of $187k, spending 87% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $766k to $214k (-72%), an average of -47% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Faa Child Development Center Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 30th percentile within DC. Charities of a similar size with the same main cause include Friends of American Education Abroad Inc ($214k), Woodrow Wilson High School Community Foundation Inc ($214k) and Parents and Teachers at Simis Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $148k. At year end it held assets of $90k against liabilities of $0, net assets of $90k. It reported 11 employees.