Clinton Child Care Service Inc

Analysis

Clinton Child Care Service Inc is a registered charity in United States, based in Clinton, CT. It received its IRS tax-exemption ruling in March 1980, 46 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, Clinton Child Care Service Inc reported income of $812k and spending of $943k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $777k to $812k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clinton Child Care Service 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 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Community Educational Broadcasting Inc ($812k), Cache Humane Society ($812k) and New Frontiers ($812k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $66k (7.0% of expenses). Other salaries and wages came to $606k. At year end it held assets of $584k against liabilities of $384k, net assets of $200k. It reported 47 employees.