Childrens Care and Development Centers Inc

Analysis

Childrens Care and Development Centers Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Childrens Care and Development Centers Inc reported income of $161k and spending of $156k, spending 97% of its income. Across the 2 years on record, from June 2019 to June 2023, income fell from $198k to $161k (-19%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Care and Development Centers Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Clark-Pleasant Education Foundation Inc ($161k), U-46 Educational Foundation ($161k) and Books for Newborns Inc ($161k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.