Chickpeas Child Care Center Inc

Analysis

Chickpeas Child Care Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1991, 35 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, Chickpeas Child Care Center Inc reported income of $615k and spending of $637k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $415k to $615k (+48%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 113%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chickpeas Child Care Center 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 69th percentile within NY. Charities of a similar size with the same main cause include Good Works Farm ($615k), Cradle of Hope ($616k) and Benzaiten Center for Creative Arts Inc ($615k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $7,308 (1.1% of expenses). Other salaries and wages came to $308k. At year end it held assets of $541k against liabilities of $215k, net assets of $326k. It reported 8 employees.