Scottish Rite Childhood Language Center

Analysis

Scottish Rite Childhood Language Center is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Scottish Rite Childhood Language Center reported income of $1.0m and spending of $521k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $518k to $1.0m (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scottish Rite Childhood Language 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 79th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Farmington Ecumenical Elderly Housing Corporation ($1.0m), Safety Education Center Inc ($1.0m) and Roxbury Home for Aged Women ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $92k (18% of expenses). Other salaries and wages came to $234k. At year end it held assets of $10.6m against liabilities of $342, net assets of $10.6m. It reported 6 employees.