Family Tree Child Care Center Inc

Analysis

Family Tree Child Care Center Inc is a registered charity in United States, based in Pepperell, MA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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, Family Tree Child Care Center Inc reported income of $1.4m and spending of $1.1m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $921k to $1.4m (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Family Tree Child Care Center 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 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include St Clare Management Inc ($1.4m), Ballet Chicago Company ($1.4m) and Bay Area Center for Independent Living Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $118k (10% of expenses). Other salaries and wages came to $716k. At year end it held assets of $1.5m against liabilities of $263k, net assets of $1.2m. It reported 38 employees.