Redwood City Child Development Program Inc

Analysis

Redwood City Child Development Program Inc is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in January 1987, 39 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 June 2023, Redwood City Child Development Program Inc reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.7m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Redwood City Child Development Program Inc 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 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Monadnock Community Service Ctr ($1.7m), Collat Jewish Family Services ($1.7m) and Meaning Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $131k (8.4% of expenses). Other salaries and wages came to $841k. At year end it held assets of $909k against liabilities of $687k, net assets of $222k. It reported 25 employees.