The Centers for Exceptional Children Inc

Analysis

The Centers for Exceptional Children Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in August 1957, 69 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, The Centers for Exceptional Children Inc reported income of $1.6m and spending of $2.2m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.6m (-4.7%), an average of -1.2% a year. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Centers for Exceptional Children Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include A Womens Pregnancy Center Inc ($1.6m), Veterans Health Research Institute of Central New York Inc ($1.6m) and Academy of Communication in Healthcare Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $95k (4.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.9m against liabilities of $184k, net assets of $2.7m. It reported 43 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.