Meeting House Childcare Center Inc

Analysis

Meeting House Childcare Center Inc is a registered charity in United States, based in Newton Center, MA. It received its IRS tax-exemption ruling in September 1995, 31 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 August 2023, Meeting House Childcare Center Inc reported income of $1.6m and spending of $1.3m, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.6m (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2022, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meeting House Childcare Center Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Interfaith Food Pantry of the Oranges Inc ($1.6m), Domestic Violence Crisis Center Inc ($1.6m) and Childrens Center Inc ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $107k (8.0% of expenses). Other salaries and wages came to $777k. At year end it held assets of $1.3m against liabilities of $178k, net assets of $1.1m. It reported 46 employees.