Little Lambs Daycare Inc

Analysis

Little Lambs Daycare Inc is a registered charity in United States, based in Fremont, IN. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Little Lambs Daycare Inc reported income of $616k and spending of $831k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $497k to $616k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Lambs Daycare Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Communities First ($616k), North Coast Food Web ($616k) and Powerful Voices ($616k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $51k (6.2% of expenses). Other salaries and wages came to $569k. At year end it held assets of $760k against liabilities of $5,968, net assets of $754k. It reported 46 employees.