Limon Child Development Center

Analysis

Limon Child Development Center is a registered charity in United States, based in Limon, CO. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Limon Child Development Center reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $976k to $1.3m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Limon Child Development Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Furnishing Families of Texas ($1.3m), Coastal Kids Preschool ($1.3m) and Rehabilitation Education Advocacy for Citizens with Handicaps ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $134k (10% of expenses). Other salaries and wages came to $662k. At year end it held assets of $1.4m against liabilities of $526k, net assets of $916k. It reported 33 employees.