Childrens Center for Discovery Inc

Analysis

Childrens Center for Discovery Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in January 1990, 36 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 2022, Childrens Center for Discovery Inc reported income of $391k and spending of $330k, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $383k to $391k (+1.9%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Center for Discovery 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 66th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Northeast Missouri Caringcommunities Inc ($391k), Our Sisters Place Inc ($391k) and Ayada Leads ($390k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 88% of the total. At year end it held assets of $281k against liabilities of $225k, net assets of $56k. It reported 19 employees.