Arlington Area Childcare Inc

Analysis

Arlington Area Childcare Inc is a registered charity in United States, based in Arlington, VT. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Arlington Area Childcare Inc reported income of $1.0m and spending of $961k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $648k to $1.0m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 91%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arlington Area Childcare Inc 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 79th percentile, and in the 77th percentile within VT. Charities of a similar size with the same main cause include Healthy Centers Healthy Kids ($1.0m), Stopover Inc ($1.0m) and Family Works ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $128k (13% of expenses). Other salaries and wages came to $458k. At year end it held assets of $696k against liabilities of $60k, net assets of $636k. It reported 49 employees.