Childrens Therapy Center

Analysis

Childrens Therapy Center is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in February 1980, 46 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Childrens Therapy Center reported income of $16.0m and spending of $17.9m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.8m to $16.0m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Therapy Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Henry Ford Health Brighton Center for Recovery ($16.0m), Community Council for Mental Health & Mental Retardation Inc ($16.0m) and Friends of Tel-Aviv Sourasky Medical Center Inc ($16.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $569k (3.2% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $21.3m against liabilities of $4.4m, net assets of $16.9m. It reported 231 employees.