Child Care Resources of Rockland Inc

Analysis

Child Care Resources of Rockland Inc is a registered charity in United States, based in Orangeburg, NY. It received its IRS tax-exemption ruling in October 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Child Care Resources of Rockland Inc reported income of $2.7m and spending of $2.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.7m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 31%. 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, Child Care Resources of Rockland Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Sun Valley Center for the Arts Inc ($2.7m), Corner Health Center ($2.7m) and Healthy Mothers Healthy Babies Coalition of Georgia Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $90k (3.5% of expenses). Other salaries and wages came to $898k. At year end it held assets of $2.5m against liabilities of $232k, net assets of $2.3m. It reported 23 employees.