Childrens Center Inc

Analysis

Childrens Center Inc is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in April 1968, 58 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 Inc reported income of $1.6m and spending of $1.7m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Center Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Winchester After School Program ($1.6m), Interfaith Food Pantry of the Oranges Inc ($1.6m) and Center of Hope Foundation Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $130k (7.6% of expenses). Other salaries and wages came to $898k. At year end it held assets of $5.1m against liabilities of $38k, net assets of $5.1m. It reported 38 employees.