Early Childhood Center Inc of West Market United Methodist Church

Analysis

Early Childhood Center Inc of West Market United Methodist Church is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Early Childhood Center Inc of West Market United Methodist Church reported income of $1.9m and spending of $2.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Early Childhood Center Inc of West Market United Methodist Church sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Pinewood-Cloquet Inc ($1.9m), Loreto House ($1.9m) and Bank Board Small Savers ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $133k (6.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.1m against liabilities of $304, net assets of $1.1m. It reported 64 employees.