Tysons Corner Childrens Center Inc
Analysis
Tysons Corner Childrens Center Inc is a registered charity in United States, based in MC Lean, VA. It received its IRS tax-exemption ruling in March 1988, 38 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 2023, Tysons Corner Childrens Center Inc reported income of $5.3m and spending of $4.4m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $5.3m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tysons Corner Childrens 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 93rd percentile within VA. Charities of a similar size with the same main cause include Committed to Healthy Meals Food Program Inc ($5.3m), University Now Day Nursery ($5.3m) and Cincinnati Works Inc ($5.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $173k (4.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $4.2m against liabilities of $1.8m, net assets of $2.3m. It reported 83 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 86%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Committed to Healthy Meals Food Program Inc | Fulshear | $5.3m |
| University Now Day Nursery | Princeton | $5.3m |
| Cincinnati Works Inc | Cincinnati | $5.3m |
| Little People Childcare Inc | Lakewood | $5.3m |