Smallworld Child Development Center of Brownwood

Analysis

Smallworld Child Development Center of Brownwood is a registered charity in United States, based in Brownwood, TX. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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, Smallworld Child Development Center of Brownwood reported income of $161k and spending of $155k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $247k to $161k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Smallworld Child Development Center of Brownwood sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Mount Hood Towne Hall Association Inc ($161k), Az Venom Bba ($161k) and Survivors of Homicide Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. At year end it held assets of $121k against liabilities of $2,968, net assets of $118k.