Childrens Development Academy Inc

Analysis

Childrens Development Academy Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in November 1969, 57 years ago. 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 June 2023, Childrens Development Academy Inc reported income of $2.6m and spending of $2.7m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.6m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Development Academy Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Covenant Enabling Residences of Illinois ($2.6m), Miracle Camp and Retreat Center Incorporated ($2.6m) and Del-Mor Dwellings Corp ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $142k (5.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.0m against liabilities of $104k, net assets of $2.9m. It reported 49 employees.