Regina Coeli Child Development Center

Analysis

Regina Coeli Child Development Center is a registered charity in United States, based in Robert, LA. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Regina Coeli Child Development Center reported income of $21.9m and spending of $21.1m, spending 97% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $18.0m to $21.9m (+22%), an average of +5.1% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Regina Coeli Child Development Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include University of Arkansas Fayetteville Campus Foundation Inc ($21.9m), Variety Child Learning Center ($21.9m) and Jackson Academy Inc ($21.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $267k (1.3% of expenses). Other salaries and wages came to $13.5m. At year end it held assets of $11.7m against liabilities of $1.4m, net assets of $10.2m. It reported 528 employees.