FCC Child Development Center Inc

Analysis

FCC Child Development Center Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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, FCC Child Development Center Inc reported income of $1.4m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, FCC Child Development Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within OK. Charities of a similar size with the same main cause include Washington State Budget and Policy Center ($1.4m), YWCA Syracuse & Onondaga County ($1.4m) and Jefferson City Rape and Abuse Crisis Service ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $54k (4.0% of expenses). Other salaries and wages came to $966k. At year end it held assets of $342k against liabilities of $1,148, net assets of $341k. It reported 61 employees.