Mary McLeod Bethune Early Child Development Nursery Inc

Analysis

Mary McLeod Bethune Early Child Development Nursery Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in June 1943, 83 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2022, Mary McLeod Bethune Early Child Development Nursery Inc reported income of $937k and spending of $888k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $698k to $937k (+34%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mary McLeod Bethune Early Child Development Nursery Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Youth Law Center ($937k), Alliance for Substance Abuse Progress Inc ($937k) and Porch Chapel Hill-Carrboro ($936k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 46% and program service revenue 41% of the total. Other salaries and wages came to $302k. At year end it held assets of $2.3m against liabilities of $190k, net assets of $2.1m. It reported 53 employees.