Creative Beginnings Child Care Inc

Analysis

Creative Beginnings Child Care Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Creative Beginnings Child Care Inc reported income of $482k and spending of $431k, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $614k to $482k (-22%), an average of -5.9% a year. The sharpest change came in the year to August 2023, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Beginnings Child Care Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Project Transformation Rio Texas ($482k), Holy Cross Academy ($482k) and Charity League ($482k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $57k (13% of expenses). Other salaries and wages came to $204k. At year end it held assets of $306k against liabilities of $171k, net assets of $135k. It reported 10 employees.