Brookland Academy Child Development Center

Analysis

Brookland Academy Child Development Center is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in August 2005, 21 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 July 2023, Brookland Academy Child Development Center reported income of $752k and spending of $691k, spending 92% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $695k to $752k (+8.2%), an average of +2.0% a year. The sharpest change came in the year to July 2022, when income rose by 51%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brookland Academy Child Development Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Spring Mountain Christian Academy ($752k), Spring Forward Learning Center ($752k) and Association for Student Conduct Administration ($752k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $70k (10% of expenses). Other salaries and wages came to $298k. At year end it held assets of $169k against liabilities of $611k, net assets of -$442k. It reported 19 employees.