Takoma Childrens School Inc

Analysis

Takoma Childrens School Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2004, 22 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 June 2024, Takoma Childrens School Inc reported income of $1.2m and spending of $1.2m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.2m (+16%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Takoma Childrens School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include Batavia Interfaith Food Pantry Inc ($1.2m), Family Forward Oregon ($1.2m) and Rancho Feliz Charitable Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $87k (7.4% of expenses). Other salaries and wages came to $642k. At year end it held assets of $735k against liabilities of $176k, net assets of $559k. It reported 23 employees.