Belvedere Early Learning Center Inc

Analysis

Belvedere Early Learning Center Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in July 1986, 40 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Belvedere Early Learning Center Inc reported income of $588k and spending of $661k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $588k (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Belvedere Early Learning Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Radio & Television News Directors Foundation ($588k), Public Defender Corporation 8th Jucicial Circuit ($588k) and St Francis House ($588k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $104k (16% of expenses). Other salaries and wages came to $133k. At year end it held assets of $163k against liabilities of $0, net assets of $163k. It reported 7 employees.