Celebrate the Children Inc

Analysis

Celebrate the Children Inc is a registered charity in United States, based in Denville, NJ. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Celebrate the Children Inc reported income of $16.9m and spending of $16.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.6m to $16.9m (+34%), an average of +7.6% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Celebrate the Children Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Paul Quinn College ($16.9m), American Line BLDRS Apprenticeship Training Joint Committee ($16.9m) and St Georges Independent School ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $649k (3.9% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $9.4m against liabilities of $6.0m, net assets of $3.3m. It reported 384 employees.