Church Circle 1st Presbyterian Childrens Center Inc

Analysis

Church Circle 1st Presbyterian Childrens Center Inc is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Church Circle 1st Presbyterian Childrens Center Inc reported income of $456k and spending of $461k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $456k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Church Circle 1st Presbyterian Childrens Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include SEND It ($456k), For the Kids Org ($456k) and Second Chance Through Faith ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $57k (12% of expenses). Other salaries and wages came to $313k. At year end it held assets of $368k against liabilities of $0, net assets of $368k. It reported 20 employees.