Childrens Center of Transylvania

Analysis

Childrens Center of Transylvania is a registered charity in United States, based in Brevard, NC. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Childrens Center of Transylvania reported income of $184k and spending of $202k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $235k to $184k (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Center of Transylvania sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Julie Community Center Inc ($184k), Food Bank of Wise County Incorporated ($184k) and Iron Rose Sister Ministries ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $101k (50% of expenses). At year end it held assets of $485k against liabilities of $77k, net assets of $408k. It reported 3 employees.