Childrens Discovery Foundation

Analysis

Childrens Discovery Foundation is a registered charity in United States, based in Eastsound, WA. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Childrens Discovery Foundation reported income of $683k and spending of $711k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $566k to $683k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Discovery Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Chamber Music San Francisco ($683k), Travellers Rest Historic House Museum Inc ($683k) and Texas Color Guard Circuit ($683k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.6% of the total. Other salaries and wages came to $396k. At year end it held assets of $3.7m against liabilities of $16k, net assets of $3.6m. It reported 40 employees.