Robert E Simon Jr Childrens Center Inc
Analysis
Robert E Simon Jr Childrens Center Inc is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in March 1990, 36 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 2023, Robert E Simon Jr Childrens Center Inc reported income of $1.6m and spending of $1.7m, spending 110% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income grew from $1.1m to $1.6m (+44%), an average of +13% a year. The sharpest change came in the year to August 2021, when income rose by 66%. Over the whole period it spent 101% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Robert E Simon Jr Childrens 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 84th percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Bridge House Inc ($1.6m), Erv Community Center Foundation ($1.6m) and Senior Coastsiders Inc ($1.6m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $164k (9.5% of expenses). Other salaries and wages came to $838k. At year end it held assets of $924k against liabilities of $440k, net assets of $484k. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.4%
- Program services 97%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bridge House Inc | Bridgeport | $1.6m |
| Erv Community Center Foundation | Fortuna | $1.6m |
| Senior Coastsiders Inc | Half Moon Bay | $1.6m |
| Freedom Resource Center for Independent Living Inc | Fargo | $1.6m |