National Childrens Center Inc

Analysis

National Childrens Center Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in October 1963, 63 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 June 2023, National Childrens Center Inc reported income of $29.6m and spending of $27.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.7m to $29.6m (+15%), an average of +3.6% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Childrens Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Friendship Retirement Corporation ($29.6m), Edgewood Retirement Community Inc ($29.6m) and Valley Special Needs Programs Inc ($29.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $568k (2.1% of expenses). Other salaries and wages came to $17.3m. At year end it held assets of $14.4m against liabilities of $9.6m, net assets of $4.8m. It reported 444 employees.