Cobleskill Campus Child Care Center Inc

Analysis

Cobleskill Campus Child Care Center Inc is a registered charity in United States, based in Cobleskill, NY. It received its IRS tax-exemption ruling in May 1986, 40 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 June 2023, Cobleskill Campus Child Care Center Inc reported income of $830k and spending of $862k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $616k to $830k (+35%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 55%. 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, Cobleskill Campus Child Care Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Beau Biden Foundation for the Protection of Children Inc ($830k), B2w2 Inc ($830k) and Samaritan Car Clinic Inc ($830k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $50k (5.8% of expenses). Other salaries and wages came to $606k. At year end it held assets of $393k against liabilities of $32k, net assets of $361k. It reported 61 employees.