Salem Child Development Center
Analysis
Salem Child Development Center is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Salem Child Development Center reported income of $5.8m and spending of $5.9m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $6.0m to $5.8m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to August 2022, when income rose by 97%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salem Child Development 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 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include People Places Inc ($5.8m), Community Action Commission of Belmont County ($5.8m) and Young Mens Christian Assoc of Hagerstown MD ($5.8m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.2% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $102k (1.7% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $5.2m against liabilities of $971k, net assets of $4.2m. It reported 108 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.2%
- Program services 88%
- Other 6.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| People Places Inc | Staunton | $5.8m |
| Community Action Commission of Belmont County | St Clairsvle | $5.8m |
| Young Mens Christian Assoc of Hagerstown MD | Hagerstown | $5.8m |
| Angel of God Resource Center | Chicago | $5.8m |