Childrens Center Inc

Analysis

Childrens Center Inc is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Childrens Center Inc reported income of $466k and spending of $466k, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $409k to $466k (+14%), an average of +3.3% a year. The sharpest change came in the year to August 2022, when income rose by 32%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Haloalaunuiakea Early Learning Center ($465k), Heritage Ranch Inc ($466k) and Barren County Educational Foundation Inc ($465k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $90k (19% of expenses). Other salaries and wages came to $60. At year end it held assets of $140k against liabilities of $11k, net assets of $130k. It reported 9 employees.