The Child and Family Network Centers Inc

Analysis

The Child and Family Network Centers Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Child and Family Network Centers Inc reported income of $3.9m and spending of $3.4m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $3.9m (+46%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Child and Family Network Centers Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Schoolcraft Learning Community ($3.9m), Read Alliance Inc ($3.9m) and Saint Josephs Episcopal School Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $160k (4.8% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.8m against liabilities of $390k, net assets of $4.4m. It reported 43 employees.