Booker T Washington Child Development Center Inc

Analysis

Booker T Washington Child Development Center Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 1968, 58 years ago. 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 June 2022, Booker T Washington Child Development Center Inc reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.8m to $2.2m (+19%), an average of +5.9% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Booker T Washington Child Development Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Parents of Preschoolers Inc ($2.2m), Georgia Charitable Care Network Inc ($2.2m) and Florence Crittenton Services of Arizona Inc ($2.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (4.3% of expenses). At year end it held assets of $292k against liabilities of $0, net assets of $292k. It reported 37 employees.