Martinson Child Development Center Inc

Analysis

Martinson Child Development Center Inc is a registered charity in United States, based in Alviso, CA. It received its IRS tax-exemption ruling in June 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Martinson Child Development Center Inc reported income of $1.4m and spending of $1.1m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $772k to $1.4m (+77%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Martinson Child Development Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Trinity Resources Unlimited Inc ($1.4m), Dominion Ridge Academy ($1.4m) and Open Doors of Asheville Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $756k. At year end it held assets of $729k against liabilities of $84k, net assets of $646k.