Red Clover Childrens Center Inc

Analysis

Red Clover Childrens Center Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Red Clover Childrens Center Inc reported income of $89k and spending of $70k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $568k to $89k (-84%), an average of -84% a year. The sharpest change came in the year to December 2023, when income dropped by 84%. Over the whole period it spent 12% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Red Clover Childrens Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 25th percentile within VT. Charities of a similar size with the same main cause include Owosso Band Boosters ($89k), Vernon Youth Football & Cheerleading Inc ($89k) and Cox Springs School Restoration Society ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $18k. At year end it held assets of $584k against liabilities of $3,199, net assets of $581k.