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School for Young Children Inc 885 Beverly Circle Ne

RegisteredEIN 56-1680254Lenoir, NCOther charitable purposes
Income$140k2023-06
Spending$145ksame year
Spent / received105%2-year average
Size in its cause45th pctOther charitable purposes
Exempt since1991School
Employees–latest return

Analysis

School for Young Children Inc 885 Beverly Circle Ne is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in March 1991, 35 years ago. 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, School for Young Children Inc 885 Beverly Circle Ne reported income of $140k and spending of $145k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $140k to $140k (+0.1%), an average of +0.1% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, School for Young Children Inc 885 Beverly Circle Ne sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Ulgm Community & Economic Development Corp ($140k), Tech Foundation of Kansas ($140k) and Martin Luther King Complaint & Referral Center ($140k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.3% and program service revenue 86% of the total. At year end it held assets of $12k against liabilities of $1,200, net assets of $11k.

Income and spending

$0$37k$75k$112k$150k2022 Income: $139,8152022 Spending: $149,62120222023 Income: $140,0032023 Spending: $144,5412023
IncomeSpending

Where the income comes from

  • Contributions & grants 5.3%
  • Program services 86%
  • Other 8.6%

Similar-sized charities, same cause

CharityLocationIncome
Ulgm Community & Economic Development CorpMadison$140k
Tech Foundation of KansasHutchinson$140k
Martin Luther King Complaint & Referral CenterWilmington$140k
Rockwood Parent Teacher Organization CouncilWildwood$140k