St Benedict Center for Early Childhood Education Inc

Analysis

St Benedict Center for Early Childhood Education Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 1994, 32 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 June 2023, St Benedict Center for Early Childhood Education Inc reported income of $1.8m and spending of $1.6m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $893k to $1.8m (+96%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Benedict Center for Early Childhood Education Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include First Analysis Institute ($1.8m), National Coalition for the Homeless Inc ($1.8m) and Kipp South Florida Educational Facilities Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $902k. At year end it held assets of $1.2m against liabilities of $317k, net assets of $888k. It reported 39 employees.