Explore & Discover - a Reggio Emilia Infant & Toddler Care Cente

Analysis

Explore & Discover - a Reggio Emilia Infant & Toddler Care Cente is a registered charity in United States, based in Wheat Ridge, CO. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Explore & Discover - a Reggio Emilia Infant & Toddler Care Cente reported income of $649k and spending of $600k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $481k to $649k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Explore & Discover - a Reggio Emilia Infant & Toddler Care Cente sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Fountain Valley Community Foundation ($649k), St Vincent de Paul Society Bend St Francis Conference ($649k) and Mision de Caridad ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $337k. At year end it held assets of $298k against liabilities of $28k, net assets of $270k. It reported 13 employees.