Clemson Child Development Center

Analysis

Clemson Child Development Center is a registered charity in United States, based in Clemson, SC. It received its IRS tax-exemption ruling in April 1970, 56 years ago. 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, Clemson Child Development Center reported income of $1.0m and spending of $823k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $604k to $1.0m (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clemson Child Development Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Shawme Heights Inc ($1.0m), Blue Valley Industries ($1.0m) and Imago School Association Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $24k (2.9% of expenses). Other salaries and wages came to $484k. At year end it held assets of $1.3m against liabilities of $8,482, net assets of $1.3m. It reported 35 employees.