Care to Learn Child Development Center Inc

Analysis

Care to Learn Child Development Center Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2003, 23 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, Care to Learn Child Development Center Inc reported income of $2.0m and spending of $2.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.0m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care to Learn Child Development Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Service Relief for Hospitality Workers ($2.0m), Young Mens Christian Association of Southwest Kansas Inc ($2.0m) and Open Arms Child Development Center ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $1.8m, net assets of -$295k. It reported 59 employees.