Childrens Speech and Reading Center

Analysis

Childrens Speech and Reading Center is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in August 1993, 33 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, Childrens Speech and Reading Center reported income of $521k and spending of $498k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $452k to $521k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Speech and Reading Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Lifeline Family Center Inc ($521k), Womens Network Inc ($521k) and People Pantry Inc ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $89k (18% of expenses). Other salaries and wages came to $266k. At year end it held assets of $747k against liabilities of $35k, net assets of $712k. It reported 11 employees.