Uumc Child Development Center

Analysis

Uumc Child Development Center is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uumc Child Development Center reported income of $1.6m and spending of $1.2m, leaving 27% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $409k to $1.6m (+302%), an average of +101% a year. The sharpest change came in the year to June 2022, when income rose by 188%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Uumc Child Development Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Revolution School ($1.6m), School District of Columbus Foundation Inc ($1.6m) and Clarke School for Hearing and Speech Florida Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $60k (5.1% of expenses). Other salaries and wages came to $793k. At year end it held assets of $485k against liabilities of $2,844, net assets of $482k. It reported 33 employees.