First Presbyterian Church Child Development Center

Analysis

First Presbyterian Church Child Development Center is a registered charity in United States, based in Stanley, NC. It received its IRS tax-exemption ruling in December 2000, 26 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Presbyterian Church Child Development Center reported income of $119k and spending of $125k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $119k (+9.1%), an average of +9.1% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First Presbyterian Church Child Development Center sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Crystal Lake Babe Ruth Baseball League Inc ($119k), Ionia R Whipper Home Inc ($119k) and Lex King Souter Memorial Fund Trust T-701 First Congregational Church ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $25k against liabilities of $3,008, net assets of $22k.