Akron Balanced Child Development Center Inc

Analysis

Akron Balanced Child Development Center Inc is a registered charity in United States, based in Akron, CO. It received its IRS tax-exemption ruling in November 1994, 32 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, Akron Balanced Child Development Center Inc reported income of $480k and spending of $406k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $480k (+122%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 62%. 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, Akron Balanced Child Development Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Emergency Food Network Inc ($480k), Baytown Meals on Wheels ($480k) and For the Need Foundation ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Other salaries and wages came to $275k. At year end it held assets of $396k against liabilities of $55k, net assets of $342k. It reported 15 employees.