Main Street Child Development Center Incorporated

Analysis

Main Street Child Development Center Incorporated is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in November 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Main Street Child Development Center Incorporated reported income of $1.9m and spending of $1.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $1.9m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Main Street Child Development Center Incorporated sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Friends of Casa Hogar ($1.9m), Baltimore Safe Haven ($1.9m) and Family Focus ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $120k (6.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.6m against liabilities of $127k, net assets of $2.5m. It reported 32 employees.