Clarendon Child Care Center

Analysis

Clarendon Child Care Center is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in May 1979, 47 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clarendon Child Care Center reported income of $1.1m and spending of $855k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $780k to $1.1m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clarendon Child Care Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Lee Miles Senior Citizens Housing Corporation ($1.1m), Montessori School of Iowa City Inc ($1.1m) and Habitat for Humnaity of Greater Centre County Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $89k (10% of expenses). Other salaries and wages came to $495k. At year end it held assets of $1.1m against liabilities of $89k, net assets of $971k. It reported 17 employees.