Childrens Discovery Academy
Analysis
Childrens Discovery Academy is a registered charity in United States, based in Alma, MI. It received its IRS tax-exemption ruling in September 2018, 8 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 2023, Childrens Discovery Academy reported income of $116k and spending of $204k, spending 176% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $469k to $116k (-75%), an average of -75% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Discovery Academy sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include New Albany Charity Run ($116k), Kaplan Youth Athletic Association Inc ($116k) and Gambian Youths Organization ($116k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $135k. At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 37%
- Program services 63%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Albany Charity Run | New Albany | $116k |
| Kaplan Youth Athletic Association Inc | Kaplan | $116k |
| Gambian Youths Organization | Bronx | $116k |
| Community Food Response Inc | Rochester | $116k |