Childrens Center
Analysis
Childrens Center is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in November 1994, 32 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 2023, Childrens Center reported income of $4.3m and spending of $3.5m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.7m to $4.3m (-8.3%), an average of -2.1% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 93% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Wesley Day Care Center Inc ($4.3m), Tidewater Community College Educational Foundation Inc ($4.3m) and Womanspace Inc ($4.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $496k (14% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $12.9m against liabilities of $439k, net assets of $12.4m. It reported 49 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 57%
- Other 9.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wesley Day Care Center Inc | Glenview | $4.3m |
| Tidewater Community College Educational Foundation Inc | Norfolk | $4.3m |
| Womanspace Inc | Lawrenceville | $4.3m |
| Association of School Business Officials International | Reston | $4.3m |