University Child Development School

Analysis

University Child Development School is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University Child Development School reported income of $17.6m and spending of $16.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.8m to $17.6m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Child Development School sits at the 96th percentile: it is larger than about 96% 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 Equality Charter School ($17.6m), Fei Tian College ($17.6m) and Kentucky Christian University Inc ($17.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $884k (5.4% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $50.7m against liabilities of $28.7m, net assets of $22.1m. It reported 182 employees.