Child Enrichment Corporation

Analysis

Child Enrichment Corporation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in April 1997, 29 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 December 2023, Child Enrichment Corporation reported income of $651k and spending of $730k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $651k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 65%. 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, Child Enrichment Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Restorative Justice Education ($651k), Starr Library ($652k) and Osher Lifelong Learning Institute at Uva ($651k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Other salaries and wages came to $277k. At year end it held assets of $430k against liabilities of $9,900, net assets of $420k. It reported 14 employees.