Chemung County Child Care Council Inc

Analysis

Chemung County Child Care Council Inc is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in August 1986, 40 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 December 2023, Chemung County Child Care Council Inc reported income of $1.7m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chemung County Child Care Council Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Las Americas Immigrant Advocacy Center ($1.7m), Thrive Inc ($1.7m) and LGBT Plus Center Orlando Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $93k (5.7% of expenses). Other salaries and wages came to $746k. At year end it held assets of $503k against liabilities of $182k, net assets of $321k. It reported 17 employees.