Lindsborg Child Development Center

Analysis

Lindsborg Child Development Center is a registered charity in United States, based in Lindsborg, KS. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Lindsborg Child Development Center reported income of $1.4m and spending of $565k, leaving 59% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $256k to $1.4m (+441%), an average of +76% a year. The sharpest change came in the year to December 2020, when income rose by 586%. Over the whole period it spent 23% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lindsborg Child Development Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within KS. Charities of a similar size with the same main cause include Charity Pros Inc ($1.4m), Mission House Inc ($1.4m) and FN Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 68% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $293k. At year end it held assets of $6.1m against liabilities of $2.2m, net assets of $3.8m. It reported 40 employees.