Discovery Childrens Center Inc

Analysis

Discovery Childrens Center Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 2019, 7 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, Discovery Childrens Center Inc reported income of $1.4m and spending of $1.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $788k to $1.4m (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Discovery Childrens Center Inc 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 82nd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Northeast Organic Farming Association Massachusetts Chapter ($1.4m), Oca Opportunity Community Ability Inc ($1.4m) and Happy Camp Community Action Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $74k (6.5% of expenses). Other salaries and wages came to $724k. At year end it held assets of $564k against liabilities of $62k, net assets of $502k. It reported 30 employees.