Thurgood Marshall Child Development Center Inc

Analysis

Thurgood Marshall Child Development Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1992, 34 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 August 2022, Thurgood Marshall Child Development Center Inc reported income of $1.5m and spending of $1.3m, spending 90% of its income. Across the 3 years on record, from August 2020 to August 2022, income grew from $1.0m to $1.5m (+44%), an average of +20% a year. The sharpest change came in the year to August 2022, when income rose by 94%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thurgood Marshall Child Development Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Apopo US Inc ($1.5m), Washington Area Womens Foundation Inc ($1.5m) and Womens Money Matters Inc ($1.5m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $156k (12% of expenses). Other salaries and wages came to $819k. At year end it held assets of $579k against liabilities of $5,930, net assets of $573k. It reported 33 employees.