Liberty Park Child Development Center

Analysis

Liberty Park Child Development Center is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Liberty Park Child Development Center reported income of $785k and spending of $713k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $333k to $785k (+136%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Park Child Development Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include National Council on Measurement in Education Inc ($785k), Boy Scouts of America ($785k) and Midland Community Cancer Services ($785k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $86k (12% of expenses). Other salaries and wages came to $331k. At year end it held assets of $159k against liabilities of $50k, net assets of $109k. It reported 18 employees.