B J Wilkerson Memorial Child Development Center Inc

Analysis

B J Wilkerson Memorial Child Development Center Inc is a registered charity in United States, based in Prospect Park, NJ. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, B J Wilkerson Memorial Child Development Center Inc reported income of $5.5m and spending of $5.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $5.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, B J Wilkerson Memorial Child Development Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Rudolf Steiner Fellowship Foundation Inc ($5.5m), Brunswick Senior Resources Inc ($5.5m) and Area 10 Council on Aging ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $166k (3.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 65 employees.