Bal Swan Childrens Center

Analysis

Bal Swan Childrens Center is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in September 1965, 61 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bal Swan Childrens Center reported income of $2.0m and spending of $2.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.0m (+7.8%), an average of +1.9% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bal Swan Childrens Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Richfield Residential Hall School Board Inc ($2.0m), El Progreso Library ($2.0m) and Arc of the Capital Area ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $101k (4.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.6m against liabilities of $283k, net assets of $2.4m. It reported 56 employees.