Child Development Services of Murfreesboro

Analysis

Child Development Services of Murfreesboro is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in April 2022, 4 years ago. 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, Child Development Services of Murfreesboro reported income of $298k and spending of $366k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $377k to $298k (-21%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child Development Services of Murfreesboro sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include Mha Housing of Central North Carolina Inc ($297k), American Concrete Inst San Diego Intntl CHP ($298k) and Wildflowers Institute ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $156k (43% of expenses). Other salaries and wages came to $72k. At year end it held assets of $93k against liabilities of $3,316, net assets of $89k. It reported 12 employees.