St Philips Child Development Center

Analysis

St Philips Child Development Center is a registered charity in United States, based in Rockford, MI. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, St Philips Child Development Center reported income of $1.6m and spending of $1.8m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Philips Child Development Center 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 MI. Charities of a similar size with the same main cause include Hillcrest Childrens Center ($1.6m), Childrens Aid Society of West Texas ($1.6m) and Jefferson City Day Care Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 67% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.4m against liabilities of $129k, net assets of $1.3m. It reported 31 employees.