North Mecklenburg Child Development Association Inc

Analysis

North Mecklenburg Child Development Association Inc is a registered charity in United States, based in Davidson, NC. It received its IRS tax-exemption ruling in December 1967, 59 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, North Mecklenburg Child Development Association Inc reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $791k to $1.0m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 394%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Mecklenburg Child Development Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Learning Club of KCK ($1.0m), Inspire Women ($1.0m) and Foundation for Academic Endeavors ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Other salaries and wages came to $691k. At year end it held assets of $857k against liabilities of $108k, net assets of $749k. It reported 16 employees.