First Baptist Church of Clarendon Child Development Center

Analysis

First Baptist Church of Clarendon Child Development Center is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in May 2007, 19 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 August 2023, First Baptist Church of Clarendon Child Development Center reported income of $3.3m and spending of $3.6m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $3.8m to $3.3m (-13%), an average of -3.3% a year. The sharpest change came in the year to August 2021, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Baptist Church of Clarendon Child Development Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Eastwest Food Rescue ($3.3m), Neighborhood Center of West Volusia Inc ($3.3m) and Regional Transportation Program Inc ($3.3m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $105k (2.9% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $747k against liabilities of $355k, net assets of $392k. It reported 65 employees.