Children First Learning Center Inc

Analysis

Children First Learning Center Inc is a registered charity in United States, based in Gulfport, MS. It received its IRS tax-exemption ruling in January 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, Children First Learning Center Inc reported income of $443k and spending of $487k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $443k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children First Learning Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within MS. Charities of a similar size with the same main cause include Pee Wee Angels Christian Learners Center ($443k), Chemung County Agricultural Society ($443k) and Grace Lutheran Church ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $37k (7.5% of expenses). Other salaries and wages came to $297k. At year end it held assets of $3,353 against liabilities of $4,894, net assets of -$1,541. It reported 42 employees.