Community Child Care Center of the Third Ward Inc

Analysis

Community Child Care Center of the Third Ward Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in January 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Child Care Center of the Third Ward Inc reported income of $515k and spending of $575k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $729k to $515k (-29%), an average of -8.4% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Child Care Center of the Third Ward Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Lighthouse Ministries of Canton ($514k), Austin Childcare Providers Network ($515k) and Reliable Payee Services Inc ($514k).

On its Form 990 for the period ending December 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 $69k (12% of expenses). Other salaries and wages came to $285k. At year end it held assets of $148k against liabilities of $110k, net assets of $38k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.