Discovery Time Kids Early Learning Center

Analysis

Discovery Time Kids Early Learning Center is a registered charity in United States, based in Bennett, CO. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Discovery Time Kids Early Learning Center reported income of $748k and spending of $841k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $292k to $748k (+156%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Discovery Time Kids Early Learning Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Tioga County Boys and Girls Club Inc ($748k), Turtle Athletic Foundation Inc ($749k) and Make a Chess Move - Macm ($747k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $64k (7.7% of expenses). Other salaries and wages came to $544k. At year end it held assets of $126k against liabilities of $23k, net assets of $104k. It reported 55 employees.