Boone Beginnings Early Childhood and Family Development Center Inc

Analysis

Boone Beginnings Early Childhood and Family Development Center Inc is a registered charity in United States, based in Albion, NE. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Boone Beginnings Early Childhood and Family Development Center Inc reported income of $994k and spending of $879k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $409k to $994k (+143%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 273%. Over the whole period it spent 29% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boone Beginnings Early Childhood and Family Development Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NE. Charities of a similar size with the same main cause include Troy Center ($994k), Carnegie Literacy Center Inc ($995k) and Gateway Montessori House Inc ($994k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Other salaries and wages came to $569k. At year end it held assets of $4.0m against liabilities of $17k, net assets of $4.0m. It reported 34 employees.